Contract Signed
3 beds1,747 sqft
5518 Cypressgate Dr, Spring, TX 77373
Est: $1,654/moGet pre-approved
Single FamilyProperty Type
0.15 acresLot Size
1975Year Built
$127/sq ftPrice per sq ft
$400/yrHOA Fees
2 carsParking Spaces

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...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.
11 days on Market
  • Listed by: Sachin Suriarachchi 516.410.5578 realtor.sachsuri@gmail.com TREC #0786100 Brokerage DRE #9011215 • Texas Signature Realty
Last updated: 09/23/2026 12:17 AM • Source: HARMLS, MLS#: 92879783

See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of Texas Signature Realty, Sachin Suriarachchi, TREC #0786100
Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$1,654 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,188

Property Taxes

$433

HOA Dues

$33

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 5518 Cypressgate Drive

Property Details
  • Taxes: $5,200 / year
  • MLS Type: Residential / Detached
  • Architectural Style: Ranch, Traditional
  • Subdivision Name: Greengate Place Sec 01
Building Information
  • Stories: 1
  • Year Built: 1975
  • Lot Size: 0.15 AC / 6,599 SF
Summary
Location and General Information
  • Directions: From Hardy Toll North, exit West Hardy street toward FM 1960, Right on ramp to Cypress Creek PKWY, Left on Treaschwig Rd, Right on Cypresswood, Right on Maplegate,Left on Rockgate, left on Cypressgate
  • Map Coordinate: 334E
  • MLS Area Major: 12
  • MLS Area Minor: Spring East
  • Unparsed Address: 5518 Cypressgate Drive
  • Water Source: Public
Parking
  • Attached Garage YN: Yes
  • Garage Spaces: 2.0
  • Garage YN: Yes
  • Parking Features: Attached, Garage
Taxes and HOA
  • Association Fee: $400
  • Association Fee Frequency: Annually
  • Association Name: Greengate Place HOA
  • Association Phone: 281-296-9775
  • Association YN: Yes
  • Tax Annual Amount: $5,200
  • Tax Legal Description: LT 35 BLK 4 GREENGATE PLACE SEC 1
  • Tax Year: 2024
School Information
  • Elementary School: ANDERSON ELEMENTARY SCHOOL (SPRING)
  • Elementary School District: 48 - Spring
  • High School: SPRING HIGH SCHOOL
  • Middle Or Junior School: DUEITT MIDDLE SCHOOL
Property
Lot Information
  • Living Area: 1747.0
  • Living Area Source: Appraiser
  • Lot Features: Subdivision
  • Lot Size Acres: 6600.0
  • Lot Size Source: Appraiser
  • Lot Size Units: SquareFeet
  • Acres Description: 0 Up To 1/4 Acre
Property and Assessments
  • New Construction YN: No
  • Parcel Number: 106-880-000-0035
  • Property Sub Type: Free Standing, Detached
  • Property Type: Single-Family, Residential
  • Public Survey Section: 01
  • Year Built Source: PublicRecords
Utilities
  • Sewer: PublicSewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Cement Siding
  • Fireplaces Total: 1
  • Fireplace YN: Yes
  • Foundation Details: Slab
  • Pool Private YN: No
  • Pool Area: No
  • Roof: Composition
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave
  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3
  • Cooling: Central Air, Electric
  • Cooling YN: Yes
  • Flooring: Carpet, Tile
  • Heating: Central, Electric
  • Heating YN: Yes
  • Laundry Features: ElectricDryerHookup, GasDryerHookup
  • Levels: One
  • Rooms Total: 3
  • Stories: 1
Room Information
Room Information
  • Human Modified YN: No
Room 1
  • Room Dimensions: 12 x 11
  • Room Level: First
  • Room Type: Bedroom
Room 2
  • Room Dimensions: 12 x 11
  • Room Level: First
  • Room Type: Bedroom
Room 3
  • Room Dimensions: 16 X 11
  • Room Level: First
  • Room Type: PrimaryBedroom
Rental
Rent Information
  • Lease Considered YN: No

Property History for 5518 Cypressgate Drive

DateEvent & SourcePriceAppreciation
Sep 13, 2026

Pending

HARMLS #92879783

—
Sep 2, 2026

Listed (Active)

HARMLS #92879783

$222,500—
Mar 31, 2026

Expired

HARMLS #95242010

$224,900—
DateEvent & SourcePrice
09/13/2026

Pending

HARMLS #92879783

—
09/02/2026

Listed (Active)

HARMLS #92879783

$222,500
03/31/2026

Expired

HARMLS #95242010

$224,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5518 Cypressgate Drive

Taxable ValueLand$48,180Additions$155,020Total$203,200
Tax Record2025$5,488 ($457 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,747 SqFtAbove Grade Finished SqFt1,747 SqFtStories1Lot Size6,600 SqFtStyleSingle Family ResidenceYear Built1975Year Renovated1975CountyHARRISAPN106-880-000-0035

Schools near 5518 Cypressgate Drive

This home is within Spring Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Anderson Elementary School
PublicPK to 5

Dueitt Middle School
Public6 to 8

Spring High School
Public9 to 12

Early College Academy At Southridge
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Texas Signature Realty, Sachin Suriarachchi, TREC #0786100

Copyright © 2026, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.