39
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$315,000 Last Listed Price
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House -
Off Market
607 Cypresswood Ridge
Spring, TX 77373
3 Beds
2 Baths
1,756 Ft²
$2,171
Est. Monthly
$63
HOA / Fees
4.92%
Cap Rate
About This Property
Enjoy luxury living in the gated neighborhood of Cypresswood Lake.
Home backs to a greenbelt (NO BACK NEIGHBORS). Your backyard
paradise features a pool with tanning ledge, covered outdoor
kitchen with bar seating, large extended patio + grassy areas for
pets & kids! This 3 BR home features a study, 2 dining areas & has
been extensively remodeled. Vinyl floors throughout. NO CARPET!
Enjoy pool views from the private primary bedroom with fireplace.
Split floor plan offers privacy for everyone. Spa-like primary bath
with huge custom walk-in shower. Sun drenched family room with
fireplace & French doors to backyard. Designer kitchen with quartz
counters. New in 2023: flooring, light fixtures, fresh paint, water
heater, pool pump. A/C (2019), roof (2022), oven/cook top/microwave
(2022), new fence (2021). Enjoy fabulous neighborhood amenities:
lakes, fishing, pool, pickle ball & more. Quick access to I-45 &
Grand Parkway (99). Floor plan, Top 10 & upgrades attached.
Unit Size
1,756 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$179
Property Type
House
Property Taxes
$561
HOA Dues
$63
Year Built
2004
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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 #66758351)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Listed by RE/MAX Integrity | $315,000 | |
| Listed by RE/MAX Integrity | |||
| Feb 21, 2023 | Sold | ||
| Sold | |||
| Jan 19, 2023 | Listed by RE/MAX Integrity | $299,000 | |
| Listed by RE/MAX Integrity | |||
| | |||
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Enjoy luxury living in the gated neighborhood of Cypresswood Lake backing to a greenbelt (no back neighbors). Your backyard paradise features a pool, covered outdoor kitchen with bar seating, outdoor pizza oven, large extended patio + grassy areas for pets & kids! This 3 bedroom home with a study & dining room has been extensively remodeled & must be seen in person! Wood & tile floors throughout. No carpet! Wonderful split floor plan with private primary bedroom tucked away in the back with views of the pool. Family room with corner fireplace & French doors to back yard. Magazine worthy kitchen with quartz counters was remodeled in 2016. New water heater (2023), A/C (2019, roof (2021), pool (2013), oven/cook top (2016), microwave (2022). outdoor kitchen (2017), pergola (2018), patio expansion (2019), 2nd bath remodel (2020), pizza oven (2021), master bath remodel (2022) & new fence (2021). Lakes, fishing, pool, pickle ball (coming) and more. Floor plan and upgrades attached.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cypresswood Lake
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Listed by: Melissa Franklin, RE/MAX Integrity
Last Updated: 4 months ago
Data Source: HAR , MLS# 66758351
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Last Updated: 4 months ago
Data Source: HAR , MLS# 66758351
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