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$400,000

NAL Estimated Property Value

12623 Chriswood Dr, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,770 Sq Ft
price_per_sqft$144.4 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size11,299 sqft

Building Information

Year Built1980
Stories2
Garage Spaces2

Land Information

APN1123600000006
Lot Number6
SubdivisionLakewood Forest
Land UseResidential
Legal DescriptionLT 6 BLK 20 LAKEWOOD FOREST SEC 10
Census Tract554702
Assessed Land Value$75,738
Assessed Improvement Value$261,656
Assessment Year2025

About this property

Welcome to this beautifully maintained home on a large lot in an established Cypress neighborhood. This home features a desirable floorplan with the primary suite conveniently located on the 1st floor. The updated kitchen is a chef’s delight, showcasing SS appliances, double ovens, ceramic cooktop, & Corian countertops. The formal living & dining rooms display the beautiful wood floors that extend through to the primary suite. Upstairs, enjoy a spacious game room complete with a built-in wet bar, refrigerator & skylights. Practical updates include a breaker box with a generator hookup & whole-house surge protector. Plumbing updates include a whole-house water filtration system with about 80% of the plumbing replaced with PEX piping (including the manifold system). The Texas basement provides ample, lighted storage. Step outside to your own backyard oasis with a sparkling pool & spa, covered back patio & retractable awning. Conveniently located near schools, shopping & dining.

Investor Tools

Property Icon
$400,000
Estimated Property Value
$0Estimated Mortgage Balance
$400,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
$735/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,332
$337,394
2025
$75,738
$261,656
$337,394
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,332
$337,394

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Home Loans Inc
Unknown
$106,950
No
First
N/A
Dec 2016

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$400,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$735/mo
+$2,055/mo
8.4%

City: Cypress

12623 Chriswood Dr | Property Details | No Agent List