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$298,000

NAL Estimated Property Value

12623 New Kentucky Rd, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,011 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.68 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave
FlooringCarpet, Laminate, Tile, Wood

Exterior

Lot Size10,001 sqft

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APN1060030000005
Lot Number5
SubdivisionRavensway
Land UseResidential
Legal DescriptionLT 5 BLK 8 RAVENSWAY SEC 1
Census Tract552301
Assessed Land Value$69,408
Assessed Improvement Value$212,707
Assessment Year2025

About this property

NEW ROOF! Welcome to 12623 New Kentucky! This charming one-story home offers 4 spacious bedrooms, 2 full bathrooms, and a functional layout perfect for everyday living. The kitchen features granite countertops, a gas cooktop, and abundant cabinet space for all your culinary needs. The oversized primary suite includes dual sinks, a walk-in closet, and tons of built-in storage. Fresh interior paint throughout the home. Outside, relax and enjoy the large backyard with mature trees, raised garden beds, and a storage shed. Nestled in the desirable Ravensway neighborhood, amenities include 2 pools, tennis and pickle-ball courts, basketball court, clubhouse and horse stables. It's a family friendly environment with fun events planned throughout the year. NEVER FLOODED! Call to schedule your private tour today!

Investor Tools

Property Icon
$298,000
Estimated Property Value
$306,534Estimated Mortgage Balance
$298,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
$809/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$393
$282,115
2025
$69,408
$212,707
$282,115
No

Tax History

Year
Tax Paid
Assessed Value
2024
$393
$282,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Fha
$299,475
Yes
First
Sep 23, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,534
N/A
0%
103%
$1,861/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,670/mo
+$120/mo
11.2%

City: Cypress

12623 New Kentucky Rd | Property Details | No Agent List