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$635,000

310 Cypress Creek Dr, Mt Vernon, TX, 75457

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,529 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$415.3 / sqft
Year BuiltBuilt in 1999

About this property

The perfect lake house is now available on beautiful Lake Cypress Springs! Located in the desirable gated Tall Tree subdivision, this waterfront home is aggressively priced and surrounded by impressive multi-million-dollar properties. Step inside to a fantastic open floor plan featuring a gorgeous kitchen overlooking the spacious living area with walls of windows, lake views, and a wood-burning stove accented by a floor-to-ceiling stone surround. The main level offers two bedrooms and a full bath, while upstairs features an open loft area, an additional bedroom, and another full bath. Outdoor living is just as inviting with covered patios on both sides of the home and a one-stall boathouse ready for lake days! Tall Tree offers fantastic community amenities including a swimming pool, tennis courts, boat ramps, and more. According to the seller, the seller and several neighboring property owners are currently working with a contractor regarding plans to dredge a large portion of the cove, including the area in front of this property. A fantastic opportunity to own waterfront property on one of East Texas most desirable lakes!

Investor Tools

$0Estimated Mortgage Balance
$635,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,810 /month
Positive
Cash Flow Estimate:
$1,270 /month

Interested in this property?

Nicole Anderson

Anderson Elite Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Mt Vernon