Last 24 Hours
$475,000
616 Spring Cypress Road, TX, 77373
On Market
4 Beds
2 Bath
2,586 Sq Ft
Single Family Residence
$183.68 / sqft
Built in 1960Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 4
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDouble Oven, Electric Cooktop, Dishwasher
FlooringLaminate, Vinyl
Exterior
Lot Size1 acre
Building Information
Year Built1960
Stories1
Garage Spaces2
Land Information
APN0450100000245
Land UseCommercial
Legal DescriptionTR 30 ABST 706 W S SMITH
Census Tract241301
Assessed Land Value$261,360
Assessed Improvement Value$211,682
Assessment Year2025
About this property
Great opportunity to own an acre close to Old Town Spring.
Investor Tools
$101,127Estimated Mortgage Balance
$371,915Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
$260/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$250
$473,042
2025
$261,360
$211,682
$473,042
No
Tax History
Year
Tax Paid
Assessed Value
2024
$250
$473,042
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dba Americas Choice Home Loans
Va
$160,631
Yes
First
Dec 14, 2010
Jan 2041
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,127
$371,915
78%
21%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$260/mo
+$2,260/mo
6.4%
12.4%