$640,000
●
House -
For Sale
18834 Forest Elms Drive
Spring, TX 77388
5 Beds
4 Baths,
1
Half Bath
5,182 Ft²
$4,250
Est. Monthly
$56
HOA / Fees
About This Property
Tucked away in The Thicket at Cypresswood, this stunning estate
sits on a .34-acre cul-de-sac lot surrounded by other stately
homes. Designed for both comfort & entertaining, the home features
5 spacious bedrooms plus a private guest, staff or in-law suite
above the garage w/a full bath, kitchenette, private entrance &
access from the main home. The expansive family room is filled
w/natural light from walls of windows overlooking the pool &
oversized backyard. Inside, you'll find 4 full baths, 1 half bath,
large laundry room w/counter space, wood flooring & lots of storage
throughout. The open-concept kitchen boasts 2 islands, double ovens
& 2 pantries, including a walk-in w/extensive shelving. A formal
dining room w/French doors, game room up, den & luxurious primary
retreat w/backyard access & huge closet complete the interior.
House is generator ready. Ample parking w/a porte-cochere,
oversized 2-car garage & extended driveway. This quiet neighborhood
has a pool & pickleball courts!
Unit Size
5,182 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$124
Property Type
House
Property Taxes
$1,050
HOA Dues
$56
Year Built
1997
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 days ago (HAR #60432675)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 10, 2026 | Listed by eXp Realty LLC | $640,000 | |
| Listed by eXp Realty LLC | |||
| Oct 6, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 30, 2026 | Listed by eXp Realty LLC | $650,000 | |
| Listed by eXp Realty LLC | |||
   | |||
|
Tucked away in The Thicket at Cypresswood, this stunning estate sits on a .34-acre cul-de-sac lot surrounded by other stately homes. Designed for both comfort & entertaining, the home features 5 spacious bedrooms plus a private guest, staff or in-law suite above the garage w/a full bath, kitchenette, private entrance & access from the main home. The expansive family room is filled w/natural light from walls of windows overlooking the pool & oversized backyard. Inside, you’ll find 4 full baths, 1 half bath, large laundry room w/counter space, wood flooring & lots of storage throughout. The open-concept kitchen boasts 2 islands, double ovens & 2 pantries, including a walk-in w/extensive shelving. A formal dining room w/French doors, game room up, den & luxurious primary retreat w/backyard access & huge closet complete the interior. House is generator ready. Ample parking w/a porte-cochere, oversized 2-car garage & extended driveway. This quiet neighborhood has a pool & pickleball courts!
| |||
| Jul 16, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 15, 2026 | Listed by eXp Realty LLC | $650,000 | |
| Listed by eXp Realty LLC | |||
   | |||
|
Tucked away in The Thicket at Cypresswood, this stunning estate sits on a .34-acre cul-de-sac lot surrounded by other stately homes. Designed for both comfort & entertaining, the home features 5 spacious bedrooms plus a private guest, staff or in-law suite above the garage w/a full bath, kitchenette, private entrance & access from the main home. The expansive family room is filled w/natural light from walls of windows overlooking the pool & oversized backyard. Inside, you’ll find 4 full baths, 1 half bath, large laundry room w/counter space, wood flooring & lots of storage throughout. The open-concept kitchen boasts 2 islands, double ovens & 2 pantries, including a walk-in w/extensive shelving. A formal dining room w/French doors, game room up, den & luxurious primary retreat w/backyard access & huge closet complete the interior. House is generator ready. Ample parking w/a porte-cochere, oversized 2-car garage & extended driveway. This quiet neighborhood has a pool & pickleball courts!
| |||
Show More
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Has Carport
Parking Features: Oversized, Additional Parking, Garage Door Opener, Attached Carport, Attached/Detached Garage, Porte-Cochere
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: Crown Molding, High Ceilings, 2 Staircases, Primary Bed - 1st Floor, Walk-In Closet(s)
Appliances: Disposal, Refrigerator, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
Flooring Type: Tile, Wood
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 5182
Architectural Style: Traditional
Year Built: 1997
Building Area Total: 5182
Window Features: Insulated/Low-E windows
Construction Materials: Brick
Patio and Porch Features: Covered, Patio
Pool Features: In Ground
Pool is Private
Lot Features: Back Yard, Cul-De-Sac, Subdivided, 1/4 Up to 1/2 Acre
Lot Size Area: 0.3472
Lot Size Units: Acres
Lot Size Acres: 0.3472
Lot Size Square Feet: 15124.032
Water Source: Water District
Financial Details
Tax Annual Amount: $12,604
Utilities Details
Cooling Type: Ceiling Fan(s), Gas
Heating Type: Electric, Zoned
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Pool, Tennis Court(s)
HOA Fee: $677
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Harris
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Listed by: Michael Seder, eXp Realty LLC
Last Updated: 2 days ago
Data Source: HAR , MLS# 60432675
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Last Updated: 2 days ago
Data Source: HAR , MLS# 60432675
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