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$234,900

5623 Cinnamon Lake Dr, Baytown, TX, 77521

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.81 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,864 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APN1279400000008
Lot Number8
SubdivisionSpringfield Estates
Land UseResidential
Legal DescriptionLT 8 SPRINGFIELD ESTATES SEC 6
Census Tract253102
Assessed Land Value$41,374
Assessed Improvement Value$158,653
Assessment Year2025

About this property

Welcome to this well-maintained one-story home in Springfield Estates, featuring 3 bedrooms, 2 full baths, a 2-car garage, and an oversized backyard with peaceful lake and green-space views. The open living area offers high ceilings, abundant natural light, and a cozy fireplace, while the formal dining room provides additional space for entertaining. The kitchen features ample cabinetry, generous counter space, a gas range, and an adjoining breakfast area. The spacious primary suite includes a private bath and walk-in closet, with two secondary bedrooms offering flexibility for guests or a home office. Tile flooring flows through the main living areas, with wood-look flooring in the bedrooms. Step outside to enjoy the expansive backyard with no immediate rear neighbors and beautiful views of the community lake and walking trail. Approximately 5 year old roof and new fenced istalled in 2024 Conveniently located near I-10, shopping, dining, and schools.

Investor Tools

$70,775Estimated Mortgage Balance
$145,225Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,409 /month
Positive
Cash Flow Estimate:
$470 /month

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Blanca Hinojosa

Alliance Realty Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$210/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,436
$200,027
2025
$41,374
$158,653
$200,027
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,436
$200,027

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Patsy L Trapolino
Seller Carryback / Seller Financing / Seller Take-Back
$81,000
No
First
Mar 26, 2020
Mar 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$70,775
$145,225
67%
33%
$486/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$886/mo
+$836/mo
9.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Baytown

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5623 Cinnamon Lake Dr | Property Details | No Agent List