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$473,791

12603 Craigwood Ln, Cypress, TX, 77429

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,995 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.87 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate

Exterior

Lot Size42,597 sqft

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN0891650000011
Lot Number11,12
SubdivisionTimberlake Estates
Land UseResidential
Legal DescriptionLTS 11 & 12 BLK 8 TIMBERLAKE ESTATES
Census Tract552301
Assessed Land Value$229,779
Assessed Improvement Value$244,012
Assessment Year2025

About this property

NEVER FLOOED or any damage from the ice/snow storm per the seller. Gorgeous one story home on almost an acre of land (double lots). Home features stainless steel appliances, Corian counters, gas stove with double ovens, A/C'd bonus room - great for office/game room, gas fireplace, wired for surround sound, large deck in back, fully fenced backyard, and much more! Make your appointment & come see this beauty! Home being sold "as is".

Investor Tools

Property Icon
$473,791
Estimated Property Value
$0Estimated Mortgage Balance
$473,791Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,843 /month
Positive
Cash Flow Estimate:
$948 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$690
$473,791
2025
$229,779
$244,012
$473,791
No

Tax History

Year
Tax Paid
Assessed Value
2024
$690
$473,791

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$473,791
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$200/mo
+$1,960/mo
5.5%

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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12603 Craigwood Ln | Property Details | No Agent List