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$385,000

NAL Estimated Property Value

12638 Cloverwood Dr, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,605 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.77 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,605 sqft

Building Information

Year Built1981
Stories2
Garage Spaces2

Land Information

APN1123600000019
Lot Number19
SubdivisionLakewood Forest
Land UseResidential
Legal DescriptionLT 19 BLK 20 LAKEWOOD FOREST SEC 10
Census Tract554702
Assessed Land Value$69,372
Assessed Improvement Value$285,669
Assessment Year2025

About this property

Spacious two-story brick home with private swimming pool in desirable Lakewood Forest Subdivision has many updates. Interior amenities include beautiful ceramic tiles, granite countertops, new cooktop stove, inside laundry room, and a very nice open floorpan. This home has never flooded. It offers large picture windows in the living room overlooking a beautiful private pool and covered patio. It has a very nicely landscaped yard, both front and back, detached garage with automatic opener.

Investor Tools

Property Icon
$385,000
Estimated Property Value
$88,662Estimated Mortgage Balance
$296,338Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
$640/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,408
$355,041
2025
$69,372
$285,669
$355,041
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,408
$355,041

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial Savings Fa
Conventional
$100,000
No
First
Jul 24, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$88,662
$291,338
76%
23%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$1,240/mo
+$1,550/mo
8.7%

City: Cypress

12638 Cloverwood Dr | Property Details | No Agent List