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$228,780

NAL Estimated Property Value

710 Cypresswood Rdg, Spring, TX, 77373

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,590 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.59 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size5,005 sqft

Building Information

Year Built2004
Garage Spaces1

Land Information

APN1237720020010
Lot Number10
SubdivisionCypresswood Lake
Land UseResidential
Legal DescriptionLT 10 BLK 2 CYPRESSWOOD LAKE SEC 4
Census Tract241302
Assessed Land Value$42,543
Assessed Improvement Value$186,237
Assessment Year2025

About this property

This well-maintained 3-bedroom, 2-bath home offers an excellent opportunity for investors seeking immediate cash flow, with a dependable tenant already in place! Start generating rental income from day one, or explore the option to make this your future home. With its functional layout, spacious living area, practical kitchen, and three comfortable bedrooms, this home also holds great appeal for first-time buyers looking to enter the market. While not fully updated, the property has been carefully maintained and offers plenty of potential for value-adding improvements over time. Additional highlights include a private backyard, off-street parking, and low-maintenance landscaping.

Investor Tools

Property Icon
$228,780
Estimated Property Value
$171,040Estimated Mortgage Balance
$57,740Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$274/month
$470/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,147
$228,780
2025
$42,543
$186,237
$228,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,147
$228,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Equity Mortgage
Commercial
$172,800
No
First
Oct 23, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,040
$57,740
25%
75%
$1,037/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,950/mo
$1,507/mo
+$443/mo
10.2%

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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710 Cypresswood Rdg | Property Details | No Agent List