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$3,307,279

NAL Estimated Property Value

10903 Elmwood Ridge Dr, Cypress, TX, 77433

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths8,341 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$429.8 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Ice Maker, Wine Refrigerator, Double Oven, Gas Oven, Oven, Microwave, Gas Range, Dishwasher, Instant Hot Water, Refrigerator, Washer
FlooringCarpet, Concrete, Marble

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size28,933 sqft

Building Information

Year Built2023
Garage Spaces4

Land Information

APN1373830010015
Lot Number15
Land UseResidential
Legal DescriptionLT 15 BLK 1 TOWNE LAKE SEC 37
Census Tract543007
Assessed Land Value$489,860
Assessed Improvement Value$2,817,419
Assessment Year2025

About this property

Welcome to 10903 Elmwood Ridge Drive, a stunning 8,431 square feet new construction home located in a private and secured gated community. Primary suite adorns two expansive walk in closet, large privacy screened shower and steam room. Each bedroom is equipped with large walk-in closets and baths. 4th bedroom offers the option to be converted into a chic in-law suite. Kitchen outfitted with state-of-the-art Thermador appliances, a cook's culinary dream. Home office includes it's own wet bar and half bath, seamlessly connected to a reading room. Additional highlights include a 3-car garage, a professional-grade basketball gym, and a luxurious pool area with seating and three fire pits. The outdoor patio boasts an imported Italian pizza oven, perfect for alfresco dining. Equipped with a built-in security system and wired for a wireless sound system, this home offers both safety and cutting-edge entertainment. Truly a modern oasis.

Investor Tools

Property Icon
$3,307,279
Estimated Property Value
$2,485,847Estimated Mortgage Balance
$821,432Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$21,510 /month
Positive
Cash Flow Estimate:
$7,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,448/month
$208/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,838
$3,307,279
2025
$489,860
$2,817,419
$3,307,279
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,838
$3,307,279

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone First Mortgage Inc
Conventional
$2,550,000
No
First
Dec 30, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,485,847
$821,432
24%
75%
$15,289/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$15,497/mo
$-12,247/mo
1.2%

City: Cypress

10903 Elmwood Ridge Dr | Property Details | No Agent List