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$415,000

11231 Buchanan Coves Ln, Cypress, TX, 77433

$466,377 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,555 Sq Ft
price_per_sqft$162.43 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

Exterior

Lot Size3,006 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1457190010007
Lot Number7
Land UseResidential
Legal DescriptionLT 7 BLK 1 TOWNE LAKE SEC 63
Census Tract543007
Assessed Land Value$87,323
Assessed Improvement Value$347,028
Assessment Year2025

About this property

Step into contemporary sophistication with this beautifully designed two-story townhome by Highland Homes, ideally situated in the desirable Towne Lake community. Thoughtfully crafted for both style and function, this home welcomes you with soaring ceilings, abundant natural light, and an open-concept layout perfect for today’s lifestyle. The chef’s kitchen is the centerpiece of the home, featuring sleek quartz countertops, elegant upper lighted cabinetry, and generous storage—ideal for casual meals or hosting gatherings. Gorgeous oversized primary suite, offering privacy and comfort with other upstairs features like a versatile game room and spacious secondary bedrooms—perfect for guests or a home office. Enhanced custom window treatments and other upgrades, this home blends luxury and style. Located just minutes from parks, shopping, dining, and everyday essentials, this townhome offers upscale living in a vibrant, connected community.

Investor Tools

$381,142Estimated Mortgage Balance
$68,858Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$466,376
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Terese Yates

CB&A, Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$716/month
$2,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$434,351
2025
$87,323
$347,028
$434,351
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$434,351

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highland Homeloans Llc
Conventional
$395,991
No
First
Jun 14, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$381,142
$68,858
15%
85%
$2,375/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$4,475/mo
$-1,955/mo
6.7%

City: Cypress

11231 Buchanan Coves Ln | Property Details | No Agent List