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$654,000

NAL Estimated Property Value

690 Cypress Creek Drive, Mount Vernon, TX, 75457

$803,072 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,188 Sq Ft
price_per_sqft$125.69 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Warming Drawer, Electric Water Heater
FlooringCarpet, Concrete, Laminate

Building Information

Year Built1984
Garage Spaces2

Land Information

APN02501-00012-00016-000000
Lot Number16
SubdivisionTall Tree
Land UseResidential
Legal DescriptionAB 134 J DACON LT 16 BLK 12 SEC 2 TALL TREE
Census Tract950101
Assessed Land Value$14,750
Assessed Improvement Value$335,010
Assessment Year2025

About this property

Located on gorgeous Lake Cypress Springs is this recreational home, second home or year round lake home, you decide! In second row of homes from shoreline is this beautiful lake home with unobstructed views of the lake! Nice front porch and yard swing in front to sit and view the lake. Or enjoy your backyard with back deck, pergola outdoor bar area, fire pit area and many trees. Back part of half acre is all trees and no home directly behind. Enjoy this 3 bedroom, 3 bath and 2 living areas home on half acre! POA community amenities such as pool, tennis and basketball courts, boat ramp with fishing pier and more. Can be your own vacation home to entertain your family and friends or year round living!

Investor Tools

Property Icon
$654,000
Estimated Property Value
$247,507Estimated Mortgage Balance
$406,493Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$803,071
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,924 /month
Positive
Cash Flow Estimate:
$1,308 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$647/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,490
$349,760
2025
$14,750
$335,010
$349,760
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,490
$349,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighbors Bank
Conventional
$270,019
No
First
Dec 7, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,507
$406,493
62%
38%
$1,619/mo

City: Mount Vernon

690 Cypress Creek Drive | Property Details | No Agent List