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

$299,000

NAL Estimated Property Value

12507 Ravens Mate Drive, Cypress, TX, 77429

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,186 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.78 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Lot Size8,403 sqft

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN1143150040039
Lot Number39
SubdivisionRavensway South
Land UseResidential
Legal DescriptionLT 39 BLK 4 RAVENSWAY SOUTH
Census Tract552301
Assessed Land Value$64,370
Assessed Improvement Value$200,962
Assessment Year2025

About this property

Beautifully updated, move-in-ready home in Ravensway! A bonus room is right off the entry and is the perfect space for an office. You'll find laminate flooring throughout the main living and dining area. The kitchen is equipped with NEW gas range, KitchenAid refrigerator, and dishwasher. Just off the kitchen is the laundry room. ALL appliances, including the washer and dryer, are staying! The living room features a beautiful 2-story white-washed fireplace with a spiral staircase leading up to a bonus room. Interior updates feature new carpet in the bedrooms, blinds throughout, double pane windows, most doors replaced, and both bathrooms have been remodeled. The primary bathroom features a large walk-in shower with dual shower heads. Along with interior updates, the A/C unit was replaced (2019), NEW ROOF (June 2022), PEX piping in the attic, and gutters. Large concrete patio in the backyard and a storage shed! Furniture negotiable! Just pack a suitcase and move in!

Investor Tools

Property Icon
$299,000
Estimated Property Value
$216,266Estimated Mortgage Balance
$82,734Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
$709/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,964
$265,332
2025
$64,370
$200,962
$265,332
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,964
$265,332

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$232,500
No
First
Aug 5, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,266
$82,734
27%
72%
$1,394/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$2,103/mo
+$57/mo
8.7%

City: Cypress

12507 Ravens Mate Drive | Property Details | No Agent List