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$621,000

NAL Estimated Property Value

14023 Falcon Heights Dr, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,886 Sq Ft
price_per_sqft$115.29 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size10,237 sqft

Building Information

Year Built2001
Garage Spaces2

Land Information

APN1203930010050
Lot Number50
SubdivisionColes Crossing
Land UseResidential
Legal DescriptionLT 50 BLK 1 COLES CROSSING SEC 12
Census Tract554409
Assessed Land Value$105,835
Assessed Improvement Value$474,792
Assessment Year2025

About this property

Beautiful Newmark home located in the wonderful community of Coles Crossing!! This awesome home offers a Grand entrance, open floor plan, 4 bedrooms with an option of 5th bedroom/office on the first floor with closet and access to full bath. The family room is open to the large breakfast area, sunroom and chef kitchen. Spacious game-room upstairs with balcony/patio overlooking backyard! Plantation shutters and wood blinds throughout the house. Large backyard with room for a pool. Three car garage! New roof installed Jul 2021, one new AC and new furnace and another one only 5 years old and fresh painted inside. Walking distance from the Community Fitness Center/ Tennis Courts/playground/greenbelt trails and Sampson Elementary. Fantastic home! Amazing neighborhood! Don't wait, call today to view it, it will not last!

Investor Tools

Property Icon
$621,000
Estimated Property Value
$351,834Estimated Mortgage Balance
$269,166Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,726 /month
Positive
Cash Flow Estimate:
$1,242 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$544/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,424
$580,627
2025
$105,835
$474,792
$580,627
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,424
$580,627

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$386,750
No
First
Aug 31, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,834
$282,166
44%
57%
$2,319/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$3,269/mo
$-479/mo
5.4%

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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14023 Falcon Heights Dr | Property Details | No Agent List