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$275,000

11214 Sky Ridge Dr, Cypress, TX, 77429

Under ContractInfo
Beds3 Beds
Baths3 Bath
Baths2,042 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.67 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,607 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN1144390100018
Lot Number17,18
SubdivisionMill Ridge North
Land UseResidential
Legal DescriptionLT 18 & W 3 FT OF LT 17 BLK 10 MILL RIDGE NORTH
Census Tract552303
Assessed Land Value$61,870
Assessed Improvement Value$193,016
Assessment Year2025

About this property

Conveniently located between Hwy 249 & Hwy 290, this home makes commuting easy and puts shopping, restaurants, and everyday conveniences just minutes away. Walking distance to the neighborhood pool & park. Inside you’ll find gorgeous wood floors, a grand two-story entry, a formal dining room, & a spacious living area with a cozy fireplace that opens to the kitchen, great for both daily living & entertaining guests. The oversized backyard with an extended patio, is a standout feature, offering space to relax or play, with no rear neighbors for added privacy & a storage shed for extra space. Enough room to add that pool you have been wanting! This home has fantastic curb appeal w/mature landscaping & a welcoming exterior. Even better, many of the big-ticket updates have already been taken care of, recent roof, AC system, windows, sprinkler system, fence, water heater, & leaf-free gutters. The renovated secondary bathroom shines, while the primary bath is ready for your personal vision!

Investor Tools

$131,910Estimated Mortgage Balance
$143,343Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
$580/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,734
$254,886
2025
$61,870
$193,016
$254,886
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,734
$254,886

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Credit Line (Revolving) / Heloc
$145,000
No
First
Sep 23, 2021
Oct 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,910
$147,090
52%
48%
$870/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,450/mo
+$710/mo
9.4%

City: Cypress

11214 Sky Ridge Dr | Property Details | No Agent List