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$200,000

2623 Cypressvine Dr, Houston, TX, 77084

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,527 Sq Ft
price_per_sqft$130.98 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,904 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1150510060006
Lot Number6
SubdivisionWestlake Place
Land UseResidential
Legal DescriptionLT 6 BLK 6 WESTLAKE PLACE SEC 2
Census Tract542004
Assessed Land Value$56,754
Assessed Improvement Value$172,682
Assessment Year2025

About this property

Opportunity awaits in Westlake Place! This three-bedroom, two-bath, single-story home offers a spacious layout with a large living area featuring hardwood flooring and a wood-burning fireplace, an open kitchen overlooking the breakfast area, and a split-bedroom floor plan. The generously sized primary suite includes a private bath and walk-in closet, while the oversized covered patio provides the perfect space for outdoor entertaining. Situated in the established Westlake Park community and zoned to desirable Katy ISD, this home offers convenient access to I-10, Grand Parkway, shopping, restaurants, and everyday conveniences. Being sold as-is, this property presents an excellent opportunity for buyers looking to renovate, personalize, or build equity. Don't miss the chance to make this home your own

Investor Tools

$124,218Estimated Mortgage Balance
$105,218Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,377 /month
Positive
Cash Flow Estimate:
$459 /month

Interested in this property?

Brenda Delcambre

Riverbend Realty Group, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$337/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,891
$229,436
2025
$56,754
$172,682
$229,436
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,891
$229,436

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank Fa
Credit Line (Revolving) / Heloc
$20,700
No
First
Jul 5, 2005
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,218
$105,218
45%
54%
$917/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,317/mo
+$723/mo
10.7%

City: Houston