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5350 Cypresswood Dr 1.49 Acres of Commercial Land Offered at $700,000 in Spring, TX 77379

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Investment Highlights

  • Permit/Plan-Ready Development – Memory care/assisted living project designed with a full construction document set in place, reducing upfront planning
  • Designed as a one-story facility with approximately 18,959 SF (±20,133 SF including covered areas), supporting operational efficiency and resident acc
  • Purpose-Built Memory Care Facility Design – Plans reflect an I-2 occupancy with Type V-A construction and NFPA 13 sprinklers

Executive Summary

Address: 5350 Cypresswood Dr, Spring, TX 77379
Land Size: ±1.4919 acres (per survey)
Intended Use (per plans): Memory Care / Assisted Living (I-2 occupancy)
Building Concept: One-story facility designed for operational efficiency and accessibility
Area Summary (per plans):
Floor area summary: 18,959 SF
Total incl. covered features: ~20,133 SF (includes porte cochere, patio/porches, loading dock)
Covered/Ancillary Features Included in Design: porte cochere (covered arrival), patio/porch areas, and a loading dock component—useful for resident drop-off, visitors, and service circulation.
Life Safety / Construction Basis (per plans): Type V-A construction and NFPA 13 sprinkler system indicated.
Value Proposition: Buyer can acquire a site with a defined development program and prepared drawing set—potentially saving months of design time and soft costs versus starting from scratch.
Ideal Buyer Profiles: senior housing developers, assisted living/memory care operators, build-to-suit groups, or investors seeking an entitlement/plan-ready project.
Suggested Buyer Due Diligence: confirm current zoning/permit status, utility capacity, access/parking requirements, and any code updates since the plan set basis.

Attachments

Survey (

Property Facts

Price $700,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Medical
Total Lot Size 1.49 AC
Zoning None

1 Lot Available

Lot

Price $700,000
Price Per AC $469,798.66
Lot Size 1.49 AC

±1.49 AC development site at 5350 Cypresswood Dr, Spring, TX. Plans prepared for a 1-story memory care/assisted living facility (I-2), ~18,959 SF (+covered areas). Permit/plan-ready opportunity for operators or developers.

Property Taxes

Property Taxes

Parcel Number
1347770010002
Land Assessment
$259,948
Improvements Assessment
$0
Total Assessment
$259,948
  • Listing ID: 39434680

  • Date on Market: 2/13/2026

  • Last Updated:

  • Address: 5350 Cypresswood Dr, Spring, TX 77379

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