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$472,000

NAL Estimated Property Value

12114 Cove Ridge Lane, Cypress, TX, 77433

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,853 Sq Ft
price_per_sqft$117.42 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size7,270 sqft

Building Information

Year Built2011
Garage Spaces2

Land Information

APN1307160010011
Lot Number11
SubdivisionCove
Land UseResidential
Legal DescriptionLT 11 BLK 1 COVE SEC 6
Census Tract543004
Assessed Land Value$90,378
Assessed Improvement Value$325,913
Assessment Year2025

About this property

This well maintained home has a lot of stories and good times to tell. It will be a place where memories are made. Built by Lennar, it is a beautiful 2 story, 4 bedroom, 2.5 bath home with a 2 car garage. On chilly winter evenings the corner fireplace has kept the family warm and cozy. Each day morning coffee, breakfasts, and family meals have been enjoyed at the breakfast nook table. Holidays and birthdays were celebrated in the formal dining room with its lovely chandelier and hardwood floors. The well appointed kitchen has granite counters, stainless appliances, and ample storage making meal prep a breeze for the cook. Upstairs there are 3 bedrooms and a nice-sized game room. If you listen carefully, you can hear the laughter of family game nights and the cheers from when the home team won that big game. The fully-fenced backyard has been a great place for the kiddos to play. Bridgeland's community events provided lots of fun and new friends were made - as they will for you too!

Investor Tools

Property Icon
$472,000
Estimated Property Value
$297,177Estimated Mortgage Balance
$174,823Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,832 /month
Positive
Cash Flow Estimate:
$944 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
$1,255/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,470
$416,291
2025
$90,378
$325,913
$416,291
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,470
$416,291

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Va
$332,475
Yes
First
Nov 10, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,177
$174,823
37%
63%
$1,994/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$3,249/mo
+$1/mo
8.3%

City: Cypress

12114 Cove Ridge Lane | Property Details | No Agent List