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$496,800

NAL Estimated Property Value

17226 Lewis Dr, Cypress, TX, 77433

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,550 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.94 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Free-Standing Range, Dishwasher
FlooringVinyl

Exterior

Exterior FeaturesBalcony
Lot Size38,333 sqft

Building Information

Year Built2018
Garage Spaces5

Land Information

APN0172010820001
SubdivisionHouston Hot Wells
Land UseResidential
Legal DescriptionTR A BLK 82 HOUSTON HOT WELLS
Census Tract543007
Assessed Land Value$225,398
Assessed Improvement Value$271,402
Assessment Year2025

About this property

Unique opportunity to own this gorgeous piece of creek side, unrestricted land, with it's newly built one bed/one bath home on stilts. No Restrictions mean you can operate a business from this location, live here, live here AND work here. This is a very established area with easy access to Barker Cypress and Hwy 290 and a great mix of both residential and commercial w/in the Hot Wells Area. Property does extend down to the high bank creek. Property has one, one bedroom/one bath building on the property that needs work but would be great for a shop or office & an additional covered storage area that is enclosed near the front of the property. The structure is built on stilts and the garage areas (1st floor) are dirt pad and extend to the huge covered pad site that I am told used to house the original trailer home but works great now for covered parking or extended covered workspace. Zoned to desirable CFISD schools you could also lease the home and use the rest! Endless possibilities!

Investor Tools

Property Icon
$496,800
Estimated Property Value
$0Estimated Mortgage Balance
$496,800Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,981 /month
Positive
Cash Flow Estimate:
$994 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,243
$496,800
2025
$225,398
$271,402
$496,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,243
$496,800

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$496,800
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
N/A
+$1,600/mo
3.9%

City: Cypress

17226 Lewis Dr | Property Details | No Agent List