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$1,121,000

NAL Estimated Property Value

392 Cypress Springs Dr, Driftwood, TX, 78619

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,077 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.62 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Cooktop, Dishwasher, Disposal, Microwave, Double Oven, Stainless Steel Appliance(s), Tankless Water Heater
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size33,280 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR149866
Lot Number41
SubdivisionHoward Ranch Subdivision Section 4
Land UseResidential
Legal DescriptionHOWARD RANCH SUBDIVISION SECTION 4, BLOCK A, LOT 41, ACRES 0.764 TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$368,680
Assessed Improvement Value$733,060
Assessment Year2025

About this property

Incredibly charming modern farmhouse! Beautiful finishes, wood floors, quartz & open floor plan. 3BD-2.5 BA in the main home *PLUS a 1BD/1BA garage apt, the perfect 4th guest suite, home office or game room. Delightful kitchen; quartz counters, high-end appliance package including a JennAir professional-style 6 burner gas stove w/griddle. Outdoor living to entertain family & friends that features a fireplace. Plenty of room to roam on the .76 acre lot plus oversized 2-car garage, tankless & low tax rate!FEMA - Unknown Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$1,121,000
Estimated Property Value
$738,087Estimated Mortgage Balance
$384,322Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,726 /month
Positive
Cash Flow Estimate:
$2,242 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,478/month
$1,580/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,126
$932,705
2025
$368,680
$733,060
$1,101,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,126
$932,705

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Home Loan Expert Llc
Conventional
$510,400
No
First
Dec 29, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$738,087
$403,913
35%
66%
$4,860/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$6,440/mo
$-4,290/mo
2.3%

City: Driftwood

392 Cypress Springs Dr | Property Details | No Agent List