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$388,000

NAL Estimated Property Value

12939 Lemur Ln, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,582 Sq Ft
price_per_sqft$96.82 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

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, Double Oven, Electric Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size8,159 sqft

Building Information

Year Built1982
Stories2
Garage Spaces2

Land Information

APN1141350010017
Lot Number17
SubdivisionQuail Forest
Land UseResidential
Legal DescriptionLT 17 BLK 1 QUAIL FOREST SEC 1
Census Tract554502
Assessed Land Value$76,049
Assessed Improvement Value$268,951
Assessment Year2025

About this property

As-Is Sale ** All sides brick home on a quiet cul-de-sac street. Great location zoned to acclaimed CyFair schools. Detached 2 Car Garage built with full second story above the garage. Steps inside the garage lead up to an approx 20 by 17 storage area with 2 windows. Home interior needs a lot of TLC. Covered front porch leads to an entryway with Terrazo style flooring. Formal dining with entry to kitchen. Separate study/home office with built-ins. Ample sized family room with high ceiling, built-ins, white wood paneled walls, gas log fireplace with raised brick hearth. Double French doors from family room leads to a large Gameroom with high coffered ceiling. Kitchen and breakfast offer a raised breakfast bar, sunny window above the sink, cabinets, and wall mount double ovens. Downstairs primary bedroom with ensuite bathroom. The bathroom offers double sink vanity, soaking tub and separate shower. Upstairs offers 2 secondary bedrooms with a Hollywood bath in between.

Investor Tools

Property Icon
$388,000
Estimated Property Value
$350,133Estimated Mortgage Balance
$37,867Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,328 /month
Positive
Cash Flow Estimate:
$776 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
$610/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,643
$345,000
2025
$76,049
$268,951
$345,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,643
$345,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$371,153
Yes
First
Apr 5, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,133
$31,867
8%
90%
$2,226/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,836/mo
$-46/mo
8.6%

Learn About the Market: Opportunity in Texas

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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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12939 Lemur Ln | Property Details | No Agent List