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$351,554

11503 Main Cypress Dr, Houston, TX, 77025

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,015 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$141.39 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,555 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1296510070001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 3 (PR YR IMPS 2021*1296510070021) CONTEMPORARY MAIN PLAZA PAR R/P
Census Tract334101
Assessed Land Value$56,624
Assessed Improvement Value$294,930
Assessment Year2025

About this property

Three Story patio home. 3/2.5/2. Two bedrooms on 1st floor with nice closet space with built ins. Each room has a ceiling fan. Full bath and nice coat and storage closet under stairs. Master on third floor with vaulted ceiling and ceiling fan. Master bath has jacuzzi tub, large shower and 2 sinks with cultured marble counter tops. 2 Large master closet with built ins. Hardwoods in living and kitchen area with granite counter tops and stainless steel appliances. Wood burning fireplace. Extra large yard space and ample guest parking across unit. Plenty of green space in front of project.

Investor Tools

Property Icon
$351,554
Estimated Property Value
$182,000Estimated Mortgage Balance
$184,753Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,109 /month
Positive
Cash Flow Estimate:
$703 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$556/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,914
$351,554
2025
$56,624
$294,930
$351,554
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,914
$351,554

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$182,000
No
First
Aug 2, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,801
$184,753
52%
47%
$923/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$998/mo
+$1,042/mo
7.0%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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