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
Main property image
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$870,000

12602 Faded Sky Ct, Cypress, TX, 77433

$951,300 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,094 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.92 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size10,724 sqft

Building Information

Year Built2024
Garage Spaces3

Land Information

APN1423100010011
Lot Number11
Land UseResidential Single Family
Legal DescriptionLT 11 BLK 1 TOWNE LAKE SEC 66
Census Tract543007
Assessed Land Value$152,839
Assessed Improvement Value$684,273
Assessment Year2025

About this property

2-story home showcases a grand rotunda entry with 21’ ceilings and a curved staircase. The first floor includes an open kitchen, family room with electric fireplace, private study, guest bedroom, and an expansive master bedroom with a large walk-in closet. Upstairs features a loft area, game room, three bedrooms, and a theater room.

Investor Tools

Property Icon
$870,000
Estimated Property Value
$750,000Estimated Mortgage Balance
$138,868Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$951,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,549 /month
Positive
Cash Flow Estimate:
$1,850 /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
$459/month
$1,784/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,156
$837,112
2025
$152,839
$684,273
$837,112
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,156
$837,112

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freight Tex Logistics Llc
Purchase Money Mortgage
$750,000
No
First
Dec 20, 2024
Feb 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$731,132
$156,868
17%
84%
$4,497/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

12602 Faded Sky Ct | Property Details | No Agent List