$268,000
12970 Rio Mariano Lane, Cypress, TX, 77433
On Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl
Exterior
Lot Size3,132 sqft
Building Information
Year Built2023
Garage Spaces1
Land Information
APN1466360030015
Lot Number15
Land UseResidential
Legal DescriptionLT 15 BLK 3 BRIDGELAND CREEKLAND VILLAGE SEC 2
Census Tract543005
Assessed Land Value$59,101
Assessed Improvement Value$251,049
Assessment Year2025
About this property
Beautiful two-story Bagby II-OB floorplan by Lennar, featuring a thoughtfully designed open-concept layout. The first floor offers a spacious kitchen that flows seamlessly into the casual dining area and adjoining family room—perfect for everyday living and entertaining. Upstairs, enjoy a versatile game room along with two secondary bedrooms that share a full bathroom. The private owner’s suite is also located on the second floor and includes a well-appointed bathroom and a generous walk-in closet. Designed for comfort, functionality, and modern living.
Investor Tools
$90,062Estimated Mortgage Balance
$220,088Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,861 /month
Positive
Cash Flow Estimate:
$620 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
$1,197/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,870
$310,150
2025
$59,101
$251,049
$310,150
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,870
$310,150
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$94,500
No
First
Nov 28, 2023
Dec 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,062
$220,088
70%
29%
$567/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$1,764/mo
+$756/mo
9.8%
