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$302,000

NAL Estimated Property Value

12902 Raven South Dr, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,393 Sq Ft
price_per_sqft$137.86 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

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, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size8,398 sqft

Building Information

Year Built1983
Garage Spaces2

Land Information

APN1157170010013
Lot Number13
SubdivisionRavensway Estates
Land UseResidential
Legal DescriptionLT 13 BLK 1 RAVENSWAY ESTATES
Census Tract552301
Assessed Land Value$68,723
Assessed Improvement Value$221,062
Assessment Year2025

About this property

Open House 11-2pm Sunday Sept 18th. Gorgeous, newly remodeled 4 bedroom 2.5 bath home in the desirable Ravensway subdivision and Cy-Fair ISD. From all new kitchen appliances, quartz countertops, and stylish cabinets to a new downstairs AC unit with 10 year warranty, no expense has been spared. All electrical receptacles and outlets, lighting, doors, hardware, carpet and upstairs flooring have been replaced as well as all new paint inside and out, vents, thermostats, alarm panels, and toilets. The list goes on. Neighborhood pool just around the corner. This home won't last so make an appointment today!

Investor Tools

Property Icon
$302,000
Estimated Property Value
$296,190Estimated Mortgage Balance
$23,810Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,979 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
$709/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,165
$289,785
2025
$68,723
$221,062
$289,785
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,165
$289,785

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Fha
$316,167
Yes
First
Dec 14, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,190
$23,810
7%
98%
$1,896/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,605/mo
+$185/mo
11.1%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Cypress

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12902 Raven South Dr | Property Details | No Agent List