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$505,000

11203 Cypress Way Dr, Houston, TX, 77065

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths4,096 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.29 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBalcony
Lot Size20,626 sqft

Building Information

Year Built2006
Garage Spaces5

Land Information

APN1061700000022
Lot Number22
SubdivisionCypress Place R/P U/R
Land UseResidential
Legal DescriptionLT 22 CYPRESS PLACE R/P U/R
Census Tract552402
Assessed Land Value$105,591
Assessed Improvement Value$537,953
Assessment Year2025

About this property

This upgraded home is priced below market value. The property includes a covered carport, RV/boat parking, and an enclosed, insulated porch with A/C and heat. NO HOA Highlights include a whole-house generator, tankless water heater, steam shower, pergola with tiled patio, and a dedicated server room. The home also offers a water softener stainless steel appliances, custom cabinets, and a walk-in pantry. Two bedrooms feature private balconies, the fourth includes a study, and the backyard is enhanced with fruit trees and a powered 12x16 shed.

Investor Tools

$279,285Estimated Mortgage Balance
$365,984Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,861 /month
Positive
Cash Flow Estimate:
$1,287 /month

Interested in this property?

David Huy Nguyen

Vin Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$526/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,092
$643,544
2025
$105,591
$537,953
$643,544
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,092
$643,544

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$315,000
No
First
Aug 6, 2020
Sep 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,285
$364,259
56%
43%
$1,889/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$1,889/mo
+$611/mo
4.7%

City: Houston

11203 Cypress Way Dr | Property Details | No Agent List