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Owner Contacts

$316,000

NAL Estimated Property Value

11711 Cypresswood Dr, Houston, TX, 77070

Off Market

4 Beds

3 Bath

2,959 Sq Ft

Single Family Residence

$0.81 / sqft

Built in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Refrigerator

FlooringCarpet, Vinyl

Exterior

Lot Size9,200 sqft

Building Information

Year Built1974

Stories2

Garage Spaces2

Land Information

APN1054790000012

Lot Number12

SubdivisionLakewood Forest

Land UseResidential

Legal DescriptionLT 12 BLK 1 LAKEWOOD FOREST SEC 1

Census Tract554302

Assessed Land Value$80,500

Assessed Improvement Value$199,001

Assessment Year2025

About this property

Gorgeous two story renovation in Lakewood Forest with 4 bedrooms & 2/1 bathrooms! Beautiful wood-like vinyl floors throughout the kitchen, den, dining, master & study. The kitchen is open to the den w/ granite counters, an eat-in breakfast bar, recessed lighting & stainless steel appliances. The spacious master is located on the first floor w/ wood-like vinyl floors, crown molding & a ceiling fan. The master bath has been updated w/ wood-like vinyl floors, fixtures, His/Her vanities w/ two sinks, a large standing shower w/ a seamless glass door & tile surround. The secondary bedrooms are located on the second floor w/ carpet & ceiling fans. The second full bathroom is located on the second floor w/ wood-like vinyl floors, solid surface counters, double sinks & a bath+tub duo. The backyard has a nice size patio to enjoy the gorgeous Fall weather! There is also plenty of green space in the back yard for children & animals to play!

Investor Tools

$316,000

Estimated Property Value

$136,207Estimated Mortgage Balance

$179,793Estimated Equity

59% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,896 /month

Positive

Cash Flow Estimate:

$632 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$325/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,317

$279,501

2025

$80,500

$199,001

$279,501

Tax History

Year

Tax Paid

Assessed Value

2024

$2,317

$279,501

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Certainty Home Loans Llc

Conventional

$153,000

First

Sep 10, 2020

Oct 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$136,207

$203,793

59%

43%

$918/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,740/mo

$918/mo

+$1,822/mo

10.4%

Learn About the Market: Opportunity in Houston

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