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$534,000

NAL Estimated Property Value

14231 Ashland Landing Dr, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,095 Sq Ft
price_per_sqft$161.55 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee 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, Trash Compactor, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Lot Size10,764 sqft

Building Information

Year Built2003
Garage Spaces4

Land Information

APN1235500040005
Lot Number5
SubdivisionColes Crossing
Land UseResidential
Legal DescriptionLT 5 BLK 4 COLES CROSSING SEC 26
Census Tract554409
Assessed Land Value$106,446
Assessed Improvement Value$352,885
Assessment Year2025

About this property

Expansive, 4 bedroom 3 bathroom one story home with a 3 car detached garage + 10 ft extension! Nestled on an oversized lot in Coles Crossing, this ORIGINAL OWNER home is zoned to highly-rated schools with many community amenities at your fingertips. Built by Perry homes, it features over $50k in upgrades (see attachment) including a Jennair cooktop (gas connections readily available if gas is preferred), tech shield decking, plantation shutters throughout, and refrigerator, washer, and dryer convey with the home. Covered back patio overlooks the spacious backyard (rare for such a large one story!) with a covered breezeway to the expansive 3 car garage that has a 10 ft extension across the back. The garage includes multiple 220 connections for electric vehicles or workshop. Private office with French doors sits across from the formal dining room with tray ceilings. Open concept floorplan is perfect for entertaining family & friends. All bedrooms are nicely sized with enormous closets.

Investor Tools

Property Icon
$534,000
Estimated Property Value
$248,202Estimated Mortgage Balance
$285,798Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,204 /month
Positive
Cash Flow Estimate:
$1,068 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$899
$459,331
2025
$106,446
$352,885
$459,331
No

Tax History

Year
Tax Paid
Assessed Value
2024
$899
$459,331

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$260,000
No
First
Nov 3, 2023
Dec 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,202
$254,798
50%
46%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,509/mo
+$281/mo
6.3%

City: Cypress