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$885,000

NAL Estimated Property Value

19130 Wilks Dr, Cypress, TX, 77433

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,550 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,090.32 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Dishwasher, Refrigerator
FlooringLaminate, Tile

Exterior

Lot Size3.50 acres

Building Information

Year Built1983
Stories1
Garage Spaces4

Land Information

APN0450090000089
Lot Number7
Land UseResidential
Legal DescriptionTR 27F-1 PT LT 7 ABST 705 W SETTLE
Census Tract555600
Assessed Land Value$288,585
Assessed Improvement Value$283,286
Assessment Year2025

About this property

Discover the endless possibilities with this 3.5-acre unrestricted property, perfectly suited for both residential & commercial use. The property features a 1,550 SF brick ranch-style home featuring 3 bedrooms & 2 full bathrooms. Previously used as an office for a contractor, this home offers a functional layout that’s ideal for living onsite, operating a business, or both. There are 3 spacious outbuildings to meet a variety of needs. At the rear, you’ll find a 5,000 SF main workshop, providing ample space for business operations, storage, or expansion. Two additional buildings add even more versatility, making this property perfect for a range of uses. With plenty of open acreage, there’s room for outdoor activities, additional structures, or business equipment. Located in a high-growth area with convenient access to 99, 290, & 249, this property offers exceptional potential for work, home, or investment opportunities.

Investor Tools

Property Icon
$885,000
Estimated Property Value
$270,042Estimated Mortgage Balance
$614,958Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,140 /month
Positive
Cash Flow Estimate:
$3,380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$826/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,483
$571,871
2025
$288,585
$283,286
$571,871
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,483
$571,871

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens State Bank
Unknown
$340,000
No
First
Aug 24, 2016
Sep 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,042
$622,958
69%
31%
$2,039/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$2,039/mo
+$481/mo
3.4%

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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19130 Wilks Dr | Property Details | No Agent List