$292,000 Last Listed Price
●
House -
Off Market
3603 Shipman Lane
Spring, TX 77388
4 Beds
2 Baths,
1
Half Bath
2,695 Ft²
$334,177
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Look no more! THIS HOME HAS A NEW ROOF! 30yr architectural shingle
as of 7/30/21 In an established neighborhood with tall trees 4
bedroom/2.5 bath 2 story in Cypresswood zoned for Klein ISD located
next to a greenbelt with direct access to walking trails. Residents
enjoy 2 clubhouses with pools, tennis courts, and a frisbee golf
course. Recent updates in the home include all Interior and
Exterior paint 2021; ALL windows replaced with triple pane Apex
Energy windows 2020; NEW HVAC and attic ductwork 2018. The flow
downstairs from dining room to kitchen to living area makes
entertaining a breeze! With a park-like backyard, you'll easily be
the house for the backyard get togethers! You'll love the big game
room upstairs and the full bath. Plenty of room for a home office
or home schooling. The front-loading washer/dryer and refrigerator
all stay. A Vivint Security System is also included with Ring
Doorbell, cameras, and motion sensors. You get all the bells and
whistles with this home!
Unit Size
2,695 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$108
Property Type
House
Property Taxes
$497
HOA Dues
$43
Year Built
1986
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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: 4 months ago (HAR #50060168)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 16, 2026 | Sold | ||
| Sold | |||
| Feb 21, 2026 | In contract | - | |
| In contract | |||
| Feb 14, 2026 | Price Decreased |
$339,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jan 29, 2026 | Listed by Coldwell Banker Realty - The Woodlands | $349,000 | |
| Listed by Coldwell Banker Realty - The Woodlands | |||
   | |||
|
OFFER has been accepted. Welcome Home to 3603 Shipman Lane in highly desirable Cypresswood! Beautiful, traditional 2 story home with smart floorplan & many incredible upgrades recently done situated perfectly on large, corner lot adjacent to greenbelt. 30year architectural shingle roof 2021, new AC 2025 (10 year warranty), new furnace & attic ductwork 2018, neutral, interior paint & exterior paint, ALL windows replaced with triple pane Apex Energy windows 2020, new gas cooktop installed (was electric cooktop), kitchen cabinetry painted, new carpet in secondary bedrooms & game room upstairs, beautiful landscaping front & backyards, driveway painted, new wood treads on stairwell, Ring doorbell, cameras & motion sensors & extended garage for extra storage & work space! Community has wonderful amenities for residents to enjoy-2 clubhouses, pools, miles walking/jogging trials, pavilions, parks, tennis courts, frisbee golf & more. Zoned to rated Klein ISD. Easy access to major highways.
| |||
| Aug 16, 2021 | Sold | ||
| Sold | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cypresswood
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Listed by: Stephanie Lambrecht, EXIT Lone Star Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 50060168
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Last Updated: 4 months ago
Data Source: HAR , MLS# 50060168
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