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$267,000

NAL Estimated Property Value

618 Cypresswood Trce, Spring, TX, 77373

SoldInfo
6/26/26
Beds3 Beds
Baths3 Bath
Baths1,790 Sq Ft
price_per_sqft$145.22 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Cooktop, Dishwasher, Oven
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBack Green Space
Lot Size6,665 sqft

Building Information

Year Built2001
Garage Spaces2

Land Information

APN1216740010027
Lot Number27
SubdivisionCypresswood Lake
Land UseResidential
Legal DescriptionLT 27 BLK 1 CYPRESSWOOD LAKE SEC 1
Census Tract241302
Assessed Land Value$47,222
Assessed Improvement Value$198,833
Assessment Year2025

About this property

Welcome to your dream home in a premier gated community in Spring! This stunning 2-story residence perfectly blends modern style with functional living. Step inside to find a spacious, light-filled layout featuring gorgeous flooring and a sleek design. The renovated kitchen boasts luxury quartz countertops, stainless appliances, and grey cabinetry. The massive primary suite is a true retreat with a spa-like ensuite. Enjoy the convenience of an upstairs family room, perfect for movie nights. The backyard is built for outdoor living with a huge patio and green space. Calling this home means access to amazing amenities: a sparkling pool, tennis courts, a park, and a scenic walking trail circling a serene lake. With its proximity to shopping, dining, and easy highway access, this home offers the lifestyle you’ve been searching for. Don’t miss this gem!

Investor Tools

Property Icon
$267,000
Estimated Property Value
$158,450Estimated Mortgage Balance
$108,550Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,602 /month
Positive
Cash Flow Estimate:
$534 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
$760/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,115
$246,055
2025
$47,222
$198,833
$246,055
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,115
$246,055

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Land-Home Financial Services
Conventional
$179,450
No
First
Jun 11, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,450
$108,550
40%
59%
$1,076/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$1,836/mo
+$684/mo
11.3%

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.

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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: Spring

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