5518 Cypressgate Drive

Spring, TX 77373

About this property

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.

About this property

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.

Features and Additional Information

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$222,500 Active
3 Bed(s)
2
Baths
1,747 sqft

Presented By CB StageCoach

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Get in touch today! Phone: 1-830-460-7200
Brokerage
Texas Signature Realty
1-832-876-2093
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Area Information

12 | Harris County | Greengate Place Sec 01

$ 222,500
This listing is play_arrow 4.7% higher than the average in the area
$ 212,495 in the area
1,747 SqFt
This listing is play_arrow 8.7% larger than the average in the area
1,608 SqFt in the area
$ 127 $/SqFt
This listing is play_arrow 3.7% less than the average in the area
$ 132 $/SqFt in the area
8 days on site
This listing is play_arrow 90.7% below the average in the area
86 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Sachin Suriarachchi
Brokerage: Texas Signature Realty

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