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$589,113

NAL Estimated Property Value

12302 Banyan Cove Ct, Cypress, TX, 77433

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,023 Sq Ft
price_per_sqft$208.37 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Cooktop
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size15,908 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APN1303350030022
Lot Number22
SubdivisionCove
Land UseResidential
Legal DescriptionLT 22 BLK 3 COVE SEC 2
Census Tract543004
Assessed Land Value$127,667
Assessed Improvement Value$461,446
Assessment Year2025

About this property

Welcome Home! This 1-story Bridgeland beauty is unique in every aspect! One owner & meticulously maintained. The large floor plan features 3 bedrooms, formal dining room, and an office with custom built-ins. Chef's kitchen with ample counter & storage space. The upgraded flooring throughout, plantation shutters & designer finishes are sure to impress. The backyard is a true tropical paradise with a pool/spa, fireplace, outdoor kitchen, and beautiful landscaping. (2) HVAC replaced in 2022, roof replaced in 2019. No need to travel when you can "vaca' at home!

Investor Tools

Property Icon
$589,113
Estimated Property Value
$248,202Estimated Mortgage Balance
$340,911Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,779 /month
Positive
Cash Flow Estimate:
$1,260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$634/month
$1,265/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,665
$589,113
2025
$127,667
$461,446
$589,113
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,665
$589,113

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$260,000
No
First
Nov 17, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,202
$353,798
58%
42%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$2,824/mo
$-304/mo
5.1%

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.

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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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12302 Banyan Cove Ct | Property Details | No Agent List