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$335,000

NAL Estimated Property Value

12514 Saracen Dr, Cypress, TX, 77429

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,288 Sq Ft
price_per_sqft$149.91 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

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, Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size11,700 sqft

Building Information

Year Built1978
Stories2
Garage Spaces2

Land Information

APN1091540000029
Lot Number29
SubdivisionSaracen Park
Land UseResidential
Legal DescriptionLT 29 BLK 5 SARACEN PARK SEC 1 R/P
Census Tract552301
Assessed Land Value$70,632
Assessed Improvement Value$229,595
Assessment Year2025

About this property

Beautiful remodeled 2 story home with a pool and hot tub on an oversized wooded lot in Cypress, TX! This 3-bed / 2.5-bath home features wood look tile throughout the entire downstairs. The kitchen has been completely updated with granite counters, stainless appliances, and designer tile backsplash. The family room has a tall, vaulted ceiling with wood beam and a beautiful dry bar. The primary suite's bathroom has been redone with granite counters, dual sinks, and an oversized shower. Upstairs you will find two bedrooms and a gameroom with wood floors throughout. Out back is a large pool and hot tub with a covered patio. Detached garage. AC installed 2018. Energy efficient double-paned windows. PEX plumbing. Zoned to exceptional Cy-Fair schools!

Investor Tools

Property Icon
$335,000
Estimated Property Value
$308,215Estimated Mortgage Balance
$26,785Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,058 /month
Positive
Cash Flow Estimate:
$686 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$313/month
$709/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,079
$300,227
2025
$70,632
$229,595
$300,227
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,079
$300,227

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$326,719
Yes
First
Apr 11, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$308,215
$31,785
9%
92%
$1,959/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$2,668/mo
$-508/mo
7.7%

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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