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$505,000

12511 Reverence Way, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,852 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.8 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,398 sqft

Building Information

Year Built2015
Garage Spaces3

Land Information

APN1367290010019
Lot Number19
Land UseResidential
Legal DescriptionLT 19 BLK 1 PRESERVE AT KLUGE
Census Tract554502
Assessed Land Value$81,060
Assessed Improvement Value$319,339
Assessment Year2025

About this property

Welcome to 12511 Reverence Way located at “The Preserve at the Kluge”. This charming 2 story home boasts 4 spacious bedrooms, 3 full baths, and a 3-car garage. Excellent floor plan featuring 2 bedrooms down, a study with french doors, a game room and much more. Plenty of room for family and friends in your large family room with rustic fireplace & elegant beam ceilings! Unwind in your spacious owners retreat with a sitting area + stunning tray ceiling! This is a rare chance to own luxury and space at an unbeatable price. Schedule your tour today!

Investor Tools

Property Icon
$505,000
Estimated Property Value
$479,400Estimated Mortgage Balance
$28,376Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,030 /month
Positive
Cash Flow Estimate:
$1,010 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
$1,250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,677
$400,399
2025
$81,060
$319,339
$400,399
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,677
$400,399

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$479,400
No
First
Jan 23, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$476,624
$29,376
5%
94%
$2,875/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$4,125/mo
$-1,335/mo
6.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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12511 Reverence Way | Property Details | No Agent List