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$18,000

$20,000

Lot 4 Cypress Creek Drive, Mt Vernon, TX, 75457

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About this property

Build Your Dream Lake Home Getaway in Tall Tree! Don't miss this wonderful interior lot in the highly sought-after Tall Tree subdivision on beautiful Lake Cypress Springs! This family-friendly, gated community is one of the area's most desirable neighborhoods, offering an incredible lifestyle for full-time residents and weekend lake lovers alike. Conveniently located just up the street from the community boat ramp, you'll enjoy easy access to the lake for boating, fishing, and water sports. You'll also love being close to The Cove, where you can fuel up your boat, enjoy a delicious meal, and let the kids have fun in the playground area. Tall Tree is known for bringing families together with outstanding amenities, including a beautiful clubhouse that's perfect for birthday parties, weddings, anniversaries, and other special events. The clubhouse features a full kitchen, an inviting fireplace, and plenty of space for gatherings. Residents also enjoy a swimming pool with shower facilities, tennis courts, basketball courts, a fishing pier, and more. Whether you're looking to build your dream lake home or invest in one of Lake Cypress Springs' most popular communities, this lot is a fantastic opportunity. Come see why so many people love calling Tall Tree home!

Investor Tools

$0Estimated Mortgage Balance
$18,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Debra Vann

Coldwell Banker Lakehaven, REA

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Financing Details

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

City: Mt Vernon