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$281,000

NAL Estimated Property Value

12606 Park Forest Dr, Cypress, TX, 77429

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,397 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.87 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringCarpet

Exterior

Lot Size18,003 sqft

Building Information

Year Built1969
Stories1
Garage Spaces4

Land Information

APN0891750000009
Lot Number9
SubdivisionTimberlake Estates
Land UseResidential
Legal DescriptionLT 9 BLK 18 TIMBERLAKE ESTATES
Census Tract552301
Assessed Land Value$105,000
Assessed Improvement Value$136,934
Assessment Year2025

About this property

Highly sought after 3 bedroom, 2 bath home located in the popular Timberlake Estates neighborhood. Charming elevation and an oversized wooded lot are some of the great features of this home. Wood laminate flooring in the family room and tile flooring in the wet areas enhance the appeal of this great home. The kitchen is open to the family room and features upgraded cabinets and gas cooking. The secondary bath has a handicapped accesible shower. There is a whole home generator and covered rear patio. Needs some cosmetic updates but strong bones.

Investor Tools

Property Icon
$281,000
Estimated Property Value
$131,604Estimated Mortgage Balance
$149,396Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$133/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$191
$241,934
2025
$105,000
$136,934
$241,934
No

Tax History

Year
Tax Paid
Assessed Value
2024
$191
$241,934

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$135,000
No
First
Dec 27, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,604
$143,396
52%
47%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,010/mo
+$1,150/mo
9.2%

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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12606 Park Forest Dr | Property Details | No Agent List