Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days28Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$1,550,000

632 Cypress Creek Drive, Mount Vernon, TX, 75457

Under ContractInfo
Beds4 Beds
Baths2,420 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$640.5 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 3Bathrooms Half 3
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringWood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Outdoor Kitchen

Building Information

Year Built1981
Garage Spaces2

Land Information

APN02501-00005-00026-000000
Lot Number26
SubdivisionTall Tree
Land UseResidential
Legal DescriptionAB 134 J DACON LT 26 BLK 5 SEC 2 TALL TREE LEASEHOLD STRUCTURAL ELEVATION ; N/A
Census Tract950101
Assessed Land Value$244,000
Assessed Improvement Value$611,900
Assessment Year2025

About this property

Absolutely stunning home on Lake Cypress Springs located in the highly sought-after Tall Tree subdivision. Completely renovated and meticulously maintained, this exceptional lake home truly offers all the bells and whistles buyers are looking for. Featuring 4 bedrooms, one of which includes custom built-in bunks and is spacious enough to serve as a second living area or guest suite, this home was thoughtfully designed for both entertaining and comfortable lake living. The primary suite offers a walk-in closet, beautifully updated en-suite bath, and private access to the lakeside patio. The living area is filled with natural light from walls of windows overlooking the lake and the oversized covered outdoor living space. The kitchen is equally impressive with a massive island, granite countertops, stainless steel appliances, and abundant cabinet storage. Step outside and enjoy one of the property’s best features - the incredible outdoor living area. The oversized covered patio offers both dining and lounge space, complete with a stunning outdoor fireplace overlooking the water and electric screens. Down by the shoreline, enjoy evenings around the stone fire pit or relax at the newer boathouse, one of the nicest on the lake, featuring two boat stalls, tanning deck, and outdoor kitchen area. Additional features include two interior lots located across the street from the home and a whole-home generator for added convenience and peace of mind. Around 2023, the seller completed extensive upgrades including a new boathouse, new roof, Hardie siding, driveway, pest misting system, back porch addition, and more. Tall Tree amenities include gated entry, community pool, boat ramp, sports court, clubhouse, and more - making this the perfect full-time residence or luxury weekend getaway on Lake Cypress Springs. SOLD furnished-with just a few exclusions.

Investor Tools

Property Icon
$1,278,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,278,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,300 /month
Positive
Cash Flow Estimate:
$3,100 /month

Interested in this property?

Nicole Anderson

Anderson Elite Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,448/month
$1,620/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,987
$855,900
2025
$244,000
$611,900
$855,900
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,987
$855,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,278,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Mount Vernon

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...