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$320,000

14507 Louetta Road, Cypress, TX, 77429

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,163 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.94 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size7,558 sqft

Building Information

Year Built1979
Stories2
Garage Spaces2

Land Information

APN1105630000004
Lot Number4
SubdivisionFairwood
Land UseResidential
Legal DescriptionLT 4 BLK 5 FAIRWOOD SEC 1
Census Tract554502
Assessed Land Value$71,102
Assessed Improvement Value$158,943
Assessment Year2025

About this property

Beautifully remodeled split-level home on an oversized lot. Highlights include two spacious living areas, custom cabinetry, granite countertops, a stainless sink, walk-in pantry, new refrigerator, crown molding, built-ins, and a stone fireplace. The downstairs primary suite features a private sitting area, fireplace, walk-in closet, and Pella doors opening to the deck and backyard. Additional features include an expanded upstairs bath, premium carpet, and vinyl plank flooring in the kitchen and on the stairs. Outside, enjoy two large decks, a firepit, and plenty of space for a pool. Recent upgrades include a radiant barrier roof, copper plumbing, HVAC, Simonton windows, updated ductwork, underground electrical, and ¾-inch decking. A 6-car driveway, gas lantern, low tax rate, and access to a community pond, garden, and trails to nearby parks complete the package. Seller is a licensed Realtor and Mortgage Broker.

Investor Tools

$180,383Estimated Mortgage Balance
$116,617Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

Interested in this property?

Sara Edwards

Texas Real Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,150
$230,045
2025
$71,102
$158,943
$230,045
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,150
$230,045

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$181,700
No
First
Dec 16, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,383
$116,617
39%
61%
$1,090/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$1,565/mo
+$1,225/mo
11.3%

City: Cypress

14507 Louetta Road | Property Details | No Agent List