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$374,000

NAL Estimated Property Value

20023 Sunshine Ridge Lane, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,403 Sq Ft
price_per_sqft$166.46 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size5,036 sqft

Building Information

Year Built2013
Garage Spaces2

Land Information

APN1340260020008
Lot Number8
SubdivisionVillages Of Cypress Lakes
Land UseResidential
Legal DescriptionLT 8 BLK 2 VILLAGES OF CYPRESS LAKES SEC 26
Census Tract555701
Assessed Land Value$54,216
Assessed Improvement Value$292,622
Assessment Year2025

About this property

Seller is motivated and has reduced the price $25k!! Open house Sunday!! An Amazing 4 bed/3 bath home located in the Villages of Cypress Lakes! This home has been meticulously upgraded! Spacious open floor plan with one bedroom down that works well as an office or guest bedroom with a private full bath. Upstairs you will find the a very generous size primary bedroom with dual his/her walk-in closets, large game room and 2 additional bedrooms and a 3rd bathroom. You will LOVE the backyard retreat with covered patio and gorgeous pool with jacuzzi, pergola, storage, outdoor kitchen connections, as well as an outdoor shower! Over $100k in upgrades make this home move in ready! New roof, freshly painted, wood floors all upstairs, iron stair railing, top of the line ceiling fans in every room and so much more! The owners have truly put a lot of love in this home! Great location and zoned to Bridgeland H.S.! Call today to schedule your private showing!

Investor Tools

Property Icon
$374,000
Estimated Property Value
$293,250Estimated Mortgage Balance
$80,750Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
$617/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,601
$346,838
2025
$54,216
$292,622
$346,838
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,601
$346,838

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$315,832
Yes
First
Jul 1, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,250
$80,750
21%
78%
$1,894/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,511/mo
+$279/mo
9.0%

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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20023 Sunshine Ridge Lane | Property Details | No Agent List