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$345,000

11922 Cypresswood Dr, Houston, TX, 77070

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,877 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.92 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Cooktop, Dishwasher

Exterior

Lot Size9,243 sqft

Building Information

Year Built1977
Garage Spaces2

Land Information

APN1090650000076
Lot Number76
SubdivisionLakewood Forest
Land UseResidential
Legal DescriptionLT 76 BLK 30 LAKEWOOD FOREST SEC 6
Census Tract554301
Assessed Land Value$80,688
Assessed Improvement Value$236,652
Assessment Year2025

About this property

Welcome to this spacious 4 bedroom 2.5 bath home featuring an open floor plan with plenty of room for everyday living and entertaining. The kitchen offers granite countertops, a convenient serving bar, and abundant cabinet and storage space. The primary suite is thoughtfully located downstairs and features an en-suite bath with double vanities, his and hers closets and generous storage. A large dining area provides plenty of space for gatherings, while an additional flex room can easily serve as a home office, study, second living area, or playroom. The downstairs AC was replaced in 2018. Conveniently located with easy access to multiple major highways, shopping, dining and other amenities. This home is an excellent opportunity for a buyer to add their personal touches and make it their own. Bring your vision and unlock the potential of this spacious and versatile home!

Investor Tools

$286,777Estimated Mortgage Balance
$63,921Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

Interested in this property?

Karen Sumner

Coldwell Banker Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$338/month
$625/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,311
$317,340
2025
$80,688
$236,652
$317,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,311
$317,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Fha
$269,037
Yes
First
Sep 10, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,777
$35,223
10%
82%
$1,876/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,501/mo
+$239/mo
9.4%

City: Houston