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$587,000

NAL Estimated Property Value

14214 Prospect Point Dr, Cypress, TX, 77429

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,581 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.53 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size8,124 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1220590020026
Lot Number26
SubdivisionColes Crossing
Land UseResidential
Legal DescriptionLT 26 BLK 2 COLES CROSSING SEC 17
Census Tract554410
Assessed Land Value$103,675
Assessed Improvement Value$483,325
Assessment Year2025

About this property

Modern updated Coles Crossing home features multiple living spaces ideal for today's live/work/online school lifestyle. The gorgeous updated kitchen features quartz countertops, a large over-sized island, and a stunning stone butler's pantry between the kitchen and dining room. Walls of windows and a warm color pallet blanket the home with an abundance of natural light. All bedrooms are located downstairs & the large upstairs area features a half-bath that could be utilized as an additional bedroom, game room, home-school, or media room. The large office just off the front entry features leaded glass French doors, a large window and could be used as a bedroom. Primary and secondary bathrooms have both been fully renovated. Backyard is a tropical oasis with a touch of Zen. Outdoor entertaining is a breeze under the covered patio and outdoor kitchen. Exceptional CFISD schools. Neighborhood amenities include tennis courts, two pools, a gym & an abundance of trails. No back neighbors!

Investor Tools

Property Icon
$587,000
Estimated Property Value
$269,221Estimated Mortgage Balance
$317,779Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,522 /month
Positive
Cash Flow Estimate:
$1,174 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,822
$587,000
2025
$103,675
$483,325
$587,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,822
$587,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$300,000
No
First
Jan 19, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,221
$317,779
54%
46%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$2,749/mo
$-589/mo
4.4%

City: Cypress

14214 Prospect Point Dr | Property Details | No Agent List