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5518 Cypressgate Dr

Spring, TX 77373
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3 Bedroom(s)
2 Full Bath(s)
1,747 Sqft
6,600 Lot Sqft
Single-Family

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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.

MLS#
92879783
List Price
$222,500 ($127/Sqft.)
Listing Status
For Sale
Address
5518 Cypressgate Dr
City
Spring
State
TX
Zip Code
77373
County
Harris County
Legal Description
LT 35 BLK 4 GREENGATE PLACE SEC 1
Property Type
Single-Family
Bedroom
3 Bedroom(s)
Bath
2 Full Bath(s)
Garages
2 / Attached
Stories
1
Building Size
1,747 Sqft/Appraisal District
Architecture Style
Ranch,Traditional
Year Built
1975 /Appraisal District
Lot Size
6,600 Sqft/Appraisal District
Maintenance Fee
$400 / Annually
Key Map©
334E
Market Area

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Brick, Cement Board
Lot Description
Subdivision Lot
Water Sewer
Public Sewer, Water District

Extra details you may need to know

Dwelling Type
Free Standing
HOA Mandatory
Yes
List Type
Exclusive Right to Sell/Lease

Financial information

Financing Considered
Cash Sale, Conventional, Investor, VA
Other Fees
No
Maintenance Fee
Mandatory / $400 / Annually
Taxes w/o Exemp
$5,200/2024
Tax Rate
2.3446

Interior

Fireplace
1
Floors
Carpet, Tile
Cooling
Central Electric
Heating
Central Electric
Connections
Electric Dryer Connections, Gas Dryer Connections
Dishwasher
Yes
Disposal
Yes
Microwave
Yes

Rooms

Primary Bedroom
16 x 11, 1st
Bedroom
12 x 11, 1st
Bedroom
12 x 11, 1st

Lot Information

Lot Size
6,600 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

Houston Association of REALTORS®
Source last updated Sep 9, 2026 at 05:18 PM
Listing last updated Sep 6, 2026 at 07:27 PM
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

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Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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