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$426,138

NAL Estimated Property Value

12842 Highland Hills Dr, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,912 Sq Ft
price_per_sqft$149.38 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

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
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Electric Range, Dishwasher, Oven
FlooringTile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Lot Size17,250 sqft

Building Information

Year Built1980
Stories2
Garage Spaces2

Land Information

APN1123620000022
Lot Number22
SubdivisionLakewood Forest
Land UseResidential
Legal DescriptionLT 22 BLK 22 LAKEWOOD FOREST SEC 10
Census Tract554702
Assessed Land Value$90,109
Assessed Improvement Value$336,029
Assessment Year2025

About this property

Newly painted! This stately remodeled 2,912 SqFt, 4/2.5/2+ home on a massive 17,250 SF lot has a large heated swimming pool & spa in the highly sought after Lakewood Forest subdivision. Key features: Brick/cement plank exterior; 2019 replastered pool w/ PebbleTec, 2021 electric panel w/ generator connections, french drains, gutters, 2021 furnace, 2023 one AC unit; 2022:Kitchen:quartz, subway tile; WiFi enabled SS induction/electric oven range, WiFi vented hood, WiFi dishwasher; walk-in pantry, PEX pipes w/ manifold, double paned windows, 2015 fencing, patio slab & deck, camera system, and fresh interior paint. Nearby: miles of trails: Faulkey Gully H & B, Cypresswood H & B & trail to Kickerillo-Mischner Preserve - hike/bike/walk/run/walk dogs/skate/watch wildlife. Mins to HWY 249,99,290 & BW8; popular dining/shopping w/in 2 miles:Vintage Park & Tomball Crossing. Zoned to highly acclaimed Cy-Fair ISD. So many more details in photo descriptions; Buyer verify all info/measurements.

Investor Tools

Property Icon
$426,138
Estimated Property Value
$0Estimated Mortgage Balance
$426,138Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
$690/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,532
$426,138
2025
$90,109
$336,029
$426,138
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,532
$426,138

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$426,138
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$690/mo
+$2,100/mo
7.9%

City: Cypress

12842 Highland Hills Dr | Property Details | No Agent List