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$747,275

NAL Estimated Property Value

12603 Telge Road 11E-F, Cypress, TX, 77429

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths3,570 Sq Ft
Multi FamilyMulti Family
price_per_sqft$128.85 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 8Bathrooms Full 8
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher, Refrigerator
FlooringCarpet, Hardwood, Vinyl

Exterior

Lot Size3,184 sqft

Building Information

Year Built2019
Garage Spaces5

Land Information

APN1408630010049
Land UseResidential
Legal DescriptionRES A47 BLK 1 STARWOOD FARMS
Census Tract554410
Assessed Land Value$159,250
Assessed Improvement Value$588,025
Assessment Year2025

About this property

Excellent income-producing duplex opportunity in Starwood Farms! This fully leased property features two spacious, 3-story units, each with 3 bedrooms, 2.5 bathrooms, and a 1-car attached garage. Both units offer bright and airy living spaces with luxury vinyl plank floors and a combination of recessed and natural lighting. The flexible layout includes a 1st-floor living room, a 2nd-floor kitchen and primary suite, and a 3rd-floor with secondary bedrooms. Located in highly desirable Cypress ISD, this property boasts a low tax rate and an HOA that covers yard maintenance, sewer, trash, and insurance. Conveniently located near a variety of shops, restaurants, and entertainment options.

Investor Tools

Property Icon
$747,275
Estimated Property Value
$485,651Estimated Mortgage Balance
$261,624Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,484 /month
Positive
Cash Flow Estimate:
$1,495 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$802/month
$390/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,889
$747,275
2025
$159,250
$588,025
$747,275
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,889
$747,275

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Colony Mortgage Corp
Conventional
$542,250
No
First
Dec 17, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$485,651
$261,624
35%
65%
$3,252/mo

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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12603 Telge Road 11E-F | Property Details | No Agent List