Last 24 Hours
$1,588,000
NAL Estimated Property Value621 Cypress Springs Dr, Driftwood, TX, 78619
Off Market
4 Beds
4 Bath
3,409 Sq Ft
Single Family Residence
$425.08 / sqft
Built in 2020Highlights
Interior
Bedrooms 4
Bathrooms Full 4
Indoor Fireplace
Garage Available
Heating Central
CoolingExterior
Exterior FeaturesNone
Lot Size33,977 sqft
Building Information
Year Built2020
Stories2
Roof Type105
Garage Spaces3
Land Information
APNR149901
Lot Number3
SubdivisionHoward Ranch Subdivision Section 4
Land UseResidential
Legal DescriptionHOWARD RANCH SUBDIVISION SECTION 4, BLOCK C, LOT 3, ACRES 0.78 TAX CODES:RSP,SDS
Census Tract010806
Assessed Land Value$372,020
Assessed Improvement Value$1,383,770
Assessment Year2025
About this property
One of the few remaining lots in Howard Ranch! DSISD, Low tax rate of 2.1%. City water. HOA covered irrigation water for all residents. NOT builder restricted. Min SF 1800sf.Restrictions: Yes
Investor Tools
$1,588,000
Estimated Property Value
$951,540Estimated Mortgage Balance
$636,460Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,528 /month
Positive
Cash Flow Estimate:
$3,176 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,330/month
$1,580/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,017
$1,499,960
2025
$372,020
$1,383,770
$1,755,790
No
Tax History
Year
Tax Paid
Assessed Value
2024
$20,017
$1,499,960
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pentagon Fcu
Conventional
$1,050,000
No
First
Jun 22, 2021
Jul 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$951,540
$548,420
36%
60%
$6,296/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$7,876/mo
$-5,386/mo
1.9%
12.4%