15Days on Market

1view

$450,000

$475,000

11510 Cypresswood Trail Dr, Houston, TX, 77070

On Market

Price Drop

5 Beds

4 Bath

3,228 Sq Ft

Single Family Residence

$139.41 / sqft

Built in 2005

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 5

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator, Cooktop

FlooringCarpet, Tile, Wood, Vinyl

Exterior

Lot Size8,355 sqft

Building Information

Year Built2005

Garage Spaces2

Land Information

APN1193020020003

Lot Number3

SubdivisionLakewood Crossing

Land UseResidential

Legal DescriptionLT 3 BLK 1 LAKEWOOD CROSSING SEC 2 R/P

Census Tract554301

Assessed Land Value$74,328

Assessed Improvement Value$393,888

Assessment Year2025

About this property

Beautifully designed property offering a total of 3,715 SF between the main home & private guest house. 3,228 SF main home has 4 bedrooms & 3.5 baths with flexible living & entertaining space. Separate 487 SF guest house includes 1 bedroom, 1 bath, kitchen, living area, separate entrance, private gate, sidewalk, & dedicated HVAC. Renovated in 2021, the guest house features updated sheetrock and LVP flooring. The main home offers a private office with built-ins, formal dining, breakfast area, updated powder bath, & spacious living room with gas-log fireplace operated by switch & remote. The kitchen includes granite countertops, center island, & gas cooktop. The downstairs primary suite features soaking tub & separate shower. Upstairs offers a game room, media room, 3 bedrooms, & 2 baths updated in 2024. Flooring includes: Vinyl, Tile, carpet & hardwood on the stairs. Laundry room has a folding table. Located near Vintage Park, shopping, dining, & zoned to top-rated Cy-Fair ISD schools.

Investor Tools

$303,848Estimated Mortgage Balance

$164,991Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,809 /month

Positive

Cash Flow Estimate:

$936 /month

Interested in this property?

Shelley Cooley

eXp Realty LLC

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$375/month

$600/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,158

$468,216

2025

$74,328

$393,888

$468,216

Tax History

Year

Tax Paid

Assessed Value

2020

$2,158

$468,216

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Carrington Mortgage Services Llc

$342,705

Yes

First

Sep 4, 2020

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$303,848

$181,152

37%

65%

$2,055/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,740/mo

$2,655/mo

+$85/mo

7.0%

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