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$250,000

635 E Cypresswood Dr, Spring, TX, 77373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.2 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Gas Range, Dishwasher
FlooringTile

Exterior

Lot Size13,351 sqft

Building Information

Year Built1972
Stories1
Garage Spaces2

Land Information

APN1015460000396
Lot Number396
SubdivisionNorth Hill Estates
Land UseResidential
Legal DescriptionLT 396 BLK 31 NORTH HILL ESTATES SEC 3
Census Tract241302
Assessed Land Value$80,100
Assessed Improvement Value$161,001
Assessment Year2025

About this property

Introducing an Exquisite Home in an Ideal Location, just a short stroll away from schools! Nestled on over a 1/4 acre lot, this stunning property offers a truly remarkable living experience. ROOF REPLACED IN 2023. Step inside and be greeted by a versatile space that can be used as a formal dining area or a den, catering to the buyer's preferences. The well-designed kitchen with GRANITE COUNTERTOPS connects to both the dining area and the family room. The family room is nothing short of spacious, providing an abundance of room for relaxation and features a cozy fireplace. The bedrooms are generously sized and boast walk-in closets, offering ample storage options for all your needs. DETACHED GARAGE Backyard is fenced. Conveniently located within walking distance to McNabb Elementary and Spring High School, this residence offers easy access to education facilities. Additionally, its proximity to the Woodlands, major highways (45 and 99) make it a highly desirable location.

Investor Tools

Property Icon
$250,000
Estimated Property Value
$260,930Estimated Mortgage Balance
$84Estimated Equity
-4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$268/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,965
$241,101
2025
$80,100
$161,001
$241,101
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,965
$241,101

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East West Bank
Conventional
$260,930
No
First
Jan 25, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,916
N/A
0%
100%
$1,565/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,565/mo
+$385/mo
9.4%

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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