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Owner Contacts

$294,897

22239 Palladium Drive, Hockley, TX, 77447

Under Contract

4 Beds

3 Bath

2,400 Sq Ft

Single Family Residence

$122.87 / sqft

Built in 2023

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Vinyl

Exterior

Lot Size4,800 sqft

Building Information

Year Built2023

Garage Spaces2

Land Information

APN1458610030010

Lot Number10

Land UseResidential

Legal DescriptionLT 10 BLK 3 CYPRESS GREEN SEC 1

Census Tract555600

Assessed Land Value$51,264

Assessed Improvement Value$279,510

Assessment Year2025

About this property

This is your OPPORTUNITY to own a LIKE-NEW HOME with AMAZING VALUE and potential for INSTANT EQUITY in the growing Cypress Green community! This beautiful 2-story home offers 4 BEDROOMS, 2.5 BATHROOMS, and a FUNCTIONAL OPEN-CONCEPT LAYOUT perfect for everyday living and entertaining. The spacious living, dining, and kitchen areas feature AMPLE CABINET & COUNTER SPACE, while ALL BEDROOMS are conveniently located UPSTAIRS for added privacy. The generous primary suite provides a relaxing retreat, and the secondary bedrooms offer flexibility for guests, a HOME OFFICE, or hobbies. Enjoy a SPACIOUS BACKYARD with room to play or unwind plus SOLAR SCREENS ON ALL WINDOWS for added ENERGY EFFICIENCY and savings. HOA AMENITIES include MULTIPLE POOLS, SPLASH PAD, DOG PARK, PLAYGROUNDS, TENNIS COURTS, PLUS INTERNET INCLUDED! Conveniently located near Hwy 290, Grand Parkway (99), Houston Premium Outlets, shopping, dining, and entertainment - this home is a MUST SEE!

Investor Tools

$240,580Estimated Mortgage Balance

$90,194Estimated Equity

27% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,985 /month

Positive

Cash Flow Estimate:

$662 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$316/month

$1,597/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,133

$330,774

2025

$51,264

$279,510

$330,774

Tax History

Year

Tax Paid

Assessed Value

2024

$2,133

$330,774

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Lennar Mortgage Llc

Conventional

$254,150

First

Jul 11, 2023

Aug 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$240,580

$90,194

27%

73%

$1,524/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,500/mo

$3,121/mo

$-621/mo

9.1%

Learn About the Market: Opportunity in Texas

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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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