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$497,394

NAL Estimated Property Value

5805 Cypress Cove Dr, The Colony, TX, 75056

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,458 Sq Ft
price_per_sqft$203.42 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
FlooringHardwood, Tile, Vinyl

Exterior

Lot Size6,573 sqft

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR183282
Lot Number38
SubdivisionStewart Peninsula Cottonwood Springs Ph
Land UseResidential
Legal DescriptionSTEWART PENINSULA COTTONWOOD SPRINGS PH 1 BLK E LOT 38
Census Tract021516
Assessed Land Value$98,625
Assessed Improvement Value$398,769
Assessment Year2025

About this property

MUST SEE!!! Beautiful 4 bedroom home on a cul-de sac-in sought-after Stewart Peninsula with beautiful custom iron front door and a 3 car garage with a custom work bench!! Downstairs boasts hand scraped wood floors, new banisters and all bathrooms are updated. The first level master is expansive with plenty of room for furnishings, updated bathroom with separate vanities & walk-in closet. The kitchen has white cabinets, a kitchen island, a breakfast area, and quartz countertops. Upstairs you will find luxury vinyl floors with 3 large bedrooms, an open concept play room, and a beautifully updated bathroom. The backyard has a stamped patio and walkway, an 8 ft board on board fence, and plenty of room for entertaining. The lush landscaping and multiple gardens create a backyard oasis. Amenities: adult pool, family pool, park, events. 4 blocks to Stewart Creek Park w-beach volleyball, fishing, boat ramp, camping, hiking, lake access!

Investor Tools

Property Icon
$497,394
Estimated Property Value
$288,871Estimated Mortgage Balance
$208,523Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$924/month
$285/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,607
$497,394
2025
$98,625
$398,769
$497,394
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,607
$497,394

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Low Va Rates Llc
Unknown
$310,000
No
First
Sep 6, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,871
$208,523
41%
58%
$1,859/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,060/mo
$2,144/mo
+$916/mo
7.4%

City: The Colony

5805 Cypress Cove Dr | Property Details | No Agent List