Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$249,000

12503 Ravensway Center Dr Unit 410, Cypress, TX, 77429

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,448 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$171.96 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Water Softener, Double Oven, Microwave, Electric Cooktop, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Instant Hot Water, Washer/Dryer
FlooringVinyl

Building Information

Year Built2006
Garage Spaces1

Land Information

APN1290120040001
SubdivisionRavensway T/H Condo I Amend
Land UseResidential
Legal DescriptionUNIT 410 BLDG 4 .0409 INT COMMON LAND & ELE RAVENSWAY T/H CONDO I & II 2ND AMEND
Census Tract552301
Assessed Land Value$44,891
Assessed Improvement Value$191,376
Assessment Year2025

About this property

RARE FIND! Stunning and fully renovated condo features 2 bedrooms, 2 bathrooms and a single-car garage. Updates include luxury vinyl plank flooring throughout, fresh paint throughout, Plantation shutters, HVAC & furnace replaced in 2022, updated electric outlets, recessed lighting added throughout, and a wonderful covered back patio for year-round enjoyment. The beautiful kitchen boasts stainless appliances, double oven, granite counters, charming backsplash & under cabinet lighting. Both bathrooms feature quartz counters, updated hardware & fixtures, replaced toilets, & new mirrors. The primary bathroom has an enlarged walk-in shower with sliding glass doors. The home has been wired to support a generator, additional lighting and flooring installed in the attic, and shelving and outlets have been added in the garage. This wonderful property is ready for you to call home! Yard maintenance is included in the monthly HOA Fee. Minutes to shopping & dining & doctors. Won't last long!

Investor Tools

$130,225Estimated Mortgage Balance
$118,955Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

Interested in this property?

Norma Andersson

RE/MAX Compass

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
$280/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$230
$236,267
2025
$44,891
$191,376
$236,267
No

Tax History

Year
Tax Paid
Assessed Value
2024
$230
$236,267

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mutual Of Omaha Mortgage Inc
Conventional
$140,000
No
First
Aug 19, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,225
$106,042
44%
53%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,120/mo
+$520/mo
7.9%

City: Cypress

12503 Ravensway Center Dr Unit 410 | Property Details | No Agent List