5518 Cypressgate Dr, Spring, TX 77373

$222,500
3
BD
2
BA
1,747
SqFt

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List Price
$222,500
Status
ACTIVE
MLS#
92879783
Days on Market
10
Year Built
1975
Style
Ranch, Traditional
Bedrooms
3
Bathrooms
2
Full-baths
2
Living Area
1,747
Lot Size
6,600
Lot Size Source
Appraiser
Subdivision
Greengate Place Sec 01
Region
12
Market Area
Spring East
County
Harris

Property Description

This property offers a great opportunity for an investor seeking a turnkey income producing property. Property is currently leased through Section 8 at $2,050/month through June 2027, providing immediate rental income for the new owner. This single-story home features 3 bedrooms and 2 bathrooms, offering both comfort and functionality. Few of the updates within the past 5-6 years include a new roof (2020), HVAC system (2021), water heater (2020), and a beautifully updated kitchen with granite countertops and a stylish tile backsplash (2022). The spacious family room showcases tile flooring, a wood-burning fireplace, and abundant natural light. Additional living spaces include a formal dining room, breakfast nook, living room, and a versatile office/bonus room. Step outside to a generously sized backyard with a 20x10 covered patio, perfect for outdoor gatherings. Conveniently located near schools, shopping, dining, and major highways, including I-45, Beltway 8, Hwy 99, and IAH Airport.

Additional Information

Finance Available
Cash, Conventional, Investor Financing, VA Loan
Taxes
$5,200
Neighborhood
Spring East
Heating
Central, Electric
Cooling
Central Air, Electric
Stories
1
Fireplaces
1
Lot Description
Subdivision
Foundation
Slab
Appliances
Dishwasher, Disposal, Microwave
Roof
Composition
Garage Spaces
2
Attached Garage Yn
Yes
School District
Spring
Elementary School
Anderson Elementary School (Spring)
Middle School
Dueitt Middle School
High School
Spring High School

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Texas Signature Realty.