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$789,000

12603 Telge Road 1E-H, Cypress, TX, 77429

On MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths6,780 Sq Ft
Multi FamilyMulti Family
price_per_sqft$116.37 / sqft
Year BuiltBuilt in 2019

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 8Bathrooms Full 8
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Microwave, Dishwasher
FlooringCarpet, Laminate

Exterior

Lot Size3,184 sqft

Building Information

Year Built2019
Garage Spaces5

Land Information

APN1408630010046
Land UseResidential
Legal DescriptionRES A44 BLK 1 STARWOOD FARMS
Census Tract554410
Assessed Land Value$159,250
Assessed Improvement Value$588,025
Assessment Year2025

About this property

Excellent investment opportunity! This well-maintained multi-family property features 4 fully leased units, each offering 3 bedrooms, 2.5 bathrooms, and an attached garage. Designed for comfort and functionality, every unit provides spacious living areas, well-appointed kitchens, and private bedroom retreats ideal for long-term tenants. All four units are currently rented with leases in place through 2027, creating immediate and stable cash flow for investors. Starwood Farms is a lovely townhome community with great amenities such as a sparkling pool, dog park and playground. Close to medical facilities, shopping, dining and entertainment. Easy access to Hwy. 290, Grand Parkway and Beltway 8. Zoned to highly acclaimed CFISD.

Investor Tools

$0Estimated Mortgage Balance
$747,275Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,734 /month
Positive
Cash Flow Estimate:
$1,578 /month

Interested in this property?

Jill Smith

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$802/month
$350/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

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$747,275
100%
0%
$0/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.

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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