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$533,000

NAL Estimated Property Value

12435 Cove Springs Dr, Cypress, TX, 77433

$584,514 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,124 Sq Ft
price_per_sqft$148.85 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee Owner

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
AppliancesDisposal, Electric Oven, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size9,182 sqft

Building Information

Year Built2009
Garage Spaces2

Land Information

APN1303360030020
Lot Number20
SubdivisionCove
Land UseResidential
Legal DescriptionLT 20 BLK 3 COVE SEC 3
Census Tract543004
Assessed Land Value$112,821
Assessed Improvement Value$414,476
Assessment Year2025

About this property

Welcome to Bridgeland! Enjoy a world class activity center, tennis & basketball courts and leisure pool with your family. This immaculately kept former Highland model home is filled with an abundance of natural light as it sits on a oversized premium corner lot. Upon entering the home you'll be greeted by a grand foyer, the high ceilings continue as you move into the dining room & living room. The kitchen is a true chef's dream with plenty of counter space & cabinets for all of your storage needs. With over $100k in builder upgrades this home features a floor to ceiling stone fireplace, plantation shutters & in-ceiling speakers throughout. With over 3,100SF, this home offers 4 bedrooms, 2.5 bath, small office space, a flex space that overlooks the living room & a one of a kind state of the art home theatre. The primary bedroom is a true retreat with oversized bay windows & an ensuite spa like bath. The garage offers 400SF of cooled/heated living space with it's own A/C and epoxy floor.

Investor Tools

Property Icon
$533,000
Estimated Property Value
$363,464Estimated Mortgage Balance
$169,536Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$584,513
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,198 /month
Positive
Cash Flow Estimate:
$1,066 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
$1,255/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,198
$527,297
2025
$112,821
$414,476
$527,297
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,198
$527,297

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$401,850
No
First
May 13, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$363,464
$169,536
31%
68%
$2,410/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$3,665/mo
$-415/mo
7.3%

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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12435 Cove Springs Dr | Property Details | No Agent List