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$1,238,000

NAL Estimated Property Value

22306 Understory Ct, Cypress, TX, 77433

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,974 Sq Ft
price_per_sqft$251.31 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Gas Cooktop
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen, Sprinkler System
Lot Size12,528 sqft

Building Information

Year Built2024
Garage Spaces3

Land Information

APN1426380010022
Lot Number22
Land UseResidential Single Family
Legal DescriptionLT 22 BLK 1 BRIDGELAND PRAIRIELAND VILLAGE SEC 25
Census Tract543006
Assessed Land Value$255,120
Assessed Improvement Value$768,980
Assessment Year2025

About this property

STUNNING modern home designed for everyday living & entertaining, perfectly situated on a lake lot in the amenity-rich community of Bridgeland. Striking double doors open into a fabulous entry w/winding staircase. Wood floors flow throughout most of the main story! Home offers 2-beds down w/formal dining & private study! Impressive 20-ft family room showcases a floor-to-ceiling stone fireplace & wall of windows that fill the space w/natural light. HUGE island kitchen is a showstopper w/dual-tone cabinetry, double ovens, pot filler & 6-burner cooktop. Primary suite offers a spa-like ensuite bath w/freestanding tub, oversized shower & dual closets. Highlights include a large utility room w/MUD area, butler’s pantry, 3 beds upstairs w/game & media rooms, plus decked 23x9 Texas basement. Enjoy outdoor living w/expansive 51x12 covered patio w/outdoor kitchen boasting sink, fridge, griddle & burner. Backyard offers ample room for a pool, along w/whole home GENERATOR for added comfort!

Investor Tools

Property Icon
$1,238,000
Estimated Property Value
$872,655Estimated Mortgage Balance
$365,345Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,762/month
$1,405/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,024,100
2025
$255,120
$768,980
$1,024,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$1,024,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crestmark Mortgage Company Ltd
Conventional
$895,175
No
First
Dec 18, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$872,655
$399,345
31%
70%
$5,368/mo

City: Cypress

22306 Understory Ct | Property Details | No Agent List