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$620,000

NAL Estimated Property Value

12611 Cove Landing Dr, Cypress, TX, 77433

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,472 Sq Ft
price_per_sqft$195.85 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size8,812 sqft

Building Information

Year Built2010
Garage Spaces2

Land Information

APN1303360020006
Lot Number6
SubdivisionCove
Land UseResidential
Legal DescriptionLT 6 BLK 2 COVE SEC 3
Census Tract543004
Assessed Land Value$168,385
Assessed Improvement Value$451,615
Assessment Year2025

About this property

This home sits on a premium lakefront lot. Built by Highland Homes, this property will win you over immediately with its curb appeal, floorplan, backyard living space, lake views and pristine condition. It is full of upgraded features...brick all around the house, full gutters, wood flooring, wood staircase, new carpet, wood beams, surround sound system and speakers throughout the home in the family room, kitchen, study, dining room, primary bedroom, gameroom and back patio. The backyard is a true sanctuary where you can enjoy lake views, bird watching and gorgeous sunsets. The paved walking path behind the home is the perfect place to get your daily steps in. Located within walking distance to Pope Elementary. Bridgeland is an award winning master planned community with a plethora of amenities including pools, fitness center, hiking trails, kayaking, fishing, tennis courts, basketball courts, dog park, playgrounds, planned activities each month, retail stores and restaurants.

Investor Tools

Property Icon
$620,000
Estimated Property Value
$300,301Estimated Mortgage Balance
$319,699Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,080 /month
Positive
Cash Flow Estimate:
$1,360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$705/month
$1,275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,356
$620,000
2025
$168,385
$451,615
$620,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,356
$620,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintex Group Llc
Conventional
$310,000
No
First
Aug 23, 2024
Sep 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,301
$334,699
52%
48%
$1,859/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$3,134/mo
+$116/mo
6.3%

City: Cypress

12611 Cove Landing Dr | Property Details | No Agent List