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5118 Forest Terrace Dr; Spring, TX Property Details

5118 Forest Terrace Dr, Spring, TX is a Single Family that was built in 2014. This property is currently Financed,New Construction and is not for sale. Our records show that 5118 Forest Terrace Dr has 3 bedrooms, and 2.5 bathrooms, and a total of 2,123 square feet. The lot size of 5118 Forest Terrace Dr is 5,692 square feet.

Off market
5118 Forest Terrace Dr Spring, TX 77373
$1,850 Listing Price
3 Beds
2.5 Baths
2,123 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2014
  • Purchase Price: $169,100
  • Open Loans / Balance: 1 / $102,109
  • Est. Equity / %: $170,891 / 62.6%
  • Gross Yield: 9.569%
  • APN: 128-449-004-0022
  • Situs County: Harris
  • Length Of Ownership: 11 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 2
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: C

Measurements

  • Total: 2,123/SqFt
  • Lot: 5,692/SqFt
  • Gross: 2,123/SqFt
  • Garage: 441/SqFt
  • Living: 2,123/SqFt
  • Building: 2,123/SqFt
  • Ground: 839/SqFt
  • Price Per Square Foot: $79.65

Legal Description

  • Description: LT 22 BLK 4 FOREST POINT AT CYPRESSWOOD
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Spring Independent School District
  • Lat / Lon: 30.061537 / -95.36375
  • Subdivision: Cypresswood
  • Property Class: Residential
  • County Use Code: 1001

Amenities

  • Plus Four: 2406
  • Bathroom Fixtures: 2
  • Cooling: Central
  • Garage: Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $570
  • H O A Amount: $570
  • H O A One Frequency: Annual
  • H O A One Name: Forest Point At Cypresswood Hoa
  • H O A One Type: Home Owner Association

Ownership Info

5118 Forest Terrace Dr has no associated ownership info
5118 Forest Terrace Dr has no associated ownership info.

Taxes

5118 Forest Terrace Dr has 10 associated Taxes items

5118 Forest Terrace Dr, Spring, TX pays taxes in Harris County, TX. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $278,238. The APN we've located for 5118 Forest Terrace Dr is 128-449-004-0022.

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Taxes
  • Assessed Value:  $278,238
  • Assessed Year:  2025
  • Assessed County:  Harris
  • APN:  128-449-004-0022
  • Assessed Land Value:  45530
  • Market Land Value:  45530
  • Tax Amount:  7091.58
  • Tax Year:  2024
  • Market Value:  278238
  • Market Year:  2025

Tax History

5118 Forest Terrace Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $278,238 Land Value $45,530 Improvement Value $232,708 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $269,410 Land Value $45,530 Improvement Value $223,880 Tax Amount $7,091.58 Change Rate -0.023432% Assessed CR Tax Rate +0.026323%
Year 2023 Assessed Value $285,103 Land Value $41,295 Improvement Value $243,808 Tax Amount $7,261.74 Change Rate +0.086791% Assessed CR Tax Rate +0.025471%
Year 2022 Assessed Value $247,832 Land Value $20,118 Improvement Value $227,714 Tax Amount $6,681.82 Change Rate +3.076244% Assessed CR Tax Rate +0.026961%
Year 2021 Assessed Value $198,947 Land Value $20,118 Improvement Value $178,829 Tax Amount $1,639.21 Change Rate -0.684244% Assessed CR Tax Rate +0.008239%
Year 2020 Assessed Value $178,747 Land Value $20,118 Improvement Value $158,629 Tax Amount $5,191.38 Change Rate -0.003803% Assessed CR Tax Rate +0.029043%
Year 2019 Assessed Value $175,840 Land Value $20,118 Improvement Value $155,722 Tax Amount $5,211.2 Change Rate +0.033001% Assessed CR Tax Rate +0.029636%
Year 2018 Assessed Value $167,044 Land Value $20,118 Improvement Value $146,926 Tax Amount $5,044.72 Change Rate +2.439363% Assessed CR Tax Rate +0.0302%
Year 2017 Assessed Value $167,044 Land Value $20,118 Improvement Value $146,926 Tax Amount $1,466.76 Change Rate -0.703001% Assessed CR Tax Rate +0.008781%
Year 2016 Assessed Value $162,571 Land Value $20,118 Improvement Value $142,453 Tax Amount $4,938.6 Change Rate Assessed CR Tax Rate +0.030378%
Year 2015 Assessed Value $151,908 Land Value $20,118 Improvement Value $131,790 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $20,118 Land Value $20,118 Improvement Value Tax Amount $637.54 Change Rate Assessed CR Tax Rate +0.03169%