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$553,000

NAL Estimated Property Value

14015 Prospect Point Dr, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,390 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.42 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size7,919 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1220590030031
Lot Number31
SubdivisionColes Crossing
Land UseResidential
Legal DescriptionLT 31 BLK 3 COLES CROSSING SEC 17
Census Tract554410
Assessed Land Value$102,897
Assessed Improvement Value$417,485
Assessment Year2025

About this property

Don’t miss this fabulous 2-story in the highly sought after, master-planned community of Coles Crossing. 4 bedrooms (master down), 3.5 bathrooms, formal dining room, study with French doors, upstairs gameroom, huge island kitchen with gorgeous granite countertops, an abundance of beautiful cabinetry & a large breakfast bar. The family room features a gaslog fireplace with tile surround, lovely art niches, an entertainment niche & a soaring ceiling with a wall of windows providing lots of natural light & great views of the amazing backyard! Wood flooring, crown molding, wrought iron staircase spindles, frameless master shower, oil rubbed bronze fixtures. Staycation all year long with your very own pool/spa with waterfall, outdoor kitchen with stamped concrete & woodburning fireplace. Solar screens in back, 3 yr. old roof, 1 a/c replaced 2019, 2nd a/c replaced 2018. Never flooded! Community amenities: 2 pools, clubhouse with gym, tennis courts, sand volleyball, parks & nature trails.

Investor Tools

Property Icon
$553,000
Estimated Property Value
$311,743Estimated Mortgage Balance
$241,257Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,318 /month
Positive
Cash Flow Estimate:
$1,106 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$492/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,139
$520,382
2025
$102,897
$417,485
$520,382
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,139
$520,382

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$344,000
No
First
Jun 30, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,743
$241,257
43%
56%
$2,063/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$3,013/mo
$-223/mo
6.1%

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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14015 Prospect Point Dr | Property Details | No Agent List