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$621,223

NAL Estimated Property Value

11842 Hickory Hill Lane, Cypress, TX, 77429

Off MarketInfo
Baths0 Bath
Baths2,464 Sq Ft

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.08 acres

Building Information

Year Built2021

Land Information

APN0920040000021
Lot Number20
SubdivisionWindwood
Land UseResidential
Legal DescriptionLT 20 BLK 2 WINDWOOD SEC 1 U/R
Census Tract554302
Assessed Land Value$104,588
Assessed Improvement Value$516,635
Assessment Year2025

About this property

Have your own peace of tranquility right in the heart of Cypress. Park like setting just off Grant Rd. with easy access to Highway to 249. Amazing large lot with Majestic trees. Nestled on a quiet street, with 1.07 acres, bring your own builder and build your custom dream home here! Horses are welcome too! Located in highly desirable CY- FAIR ISD. Extremely Low HOA fees, no MUD.

Investor Tools

Property Icon
$621,223
Estimated Property Value
$35,610Estimated Mortgage Balance
$585,613Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,727 /month
Positive
Cash Flow Estimate:
$1,242 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$605/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,155
$621,223
2025
$104,588
$516,635
$621,223
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,155
$621,223

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
George O Mejlaender Etal
Seller Carryback / Seller Financing / Seller Take-Back
$40,000
No
First
Sep 9, 2020
Sep 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$35,610
$585,613
94%
6%
$240/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$280/mo
+$2,510/mo
5.4%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Cypress

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11842 Hickory Hill Lane | Property Details | No Agent List