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B+
NoAgentList RatingHow are grades calculated? Info

$231,188

3010 Cypress Island Dr, Houston, TX, 77073

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,913 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$91.48 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size4,948 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1252790020006
Lot Number6
SubdivisionCypress Terrace
Land UseResidential
Legal DescriptionLT 6 BLK 2 CYPRESS TERRACE SEC 1
Census Tract240802
Assessed Land Value$41,476
Assessed Improvement Value$189,712
Assessment Year2025

About this property

Updates galore! Pristine Landscaping! Such a clean, well-maintained property!! Roof was replaced in July 2020!! Both the HVAC system's Condenser and Evaporator Coil were replaced in 2018! Home has been elegantly updated throughout! Wood look ceramic tile floors throughout the ENTIRE downstairs!! Makes for easy upkeep and cleaning! High Ceilings and Great Natural Light throughout. Exquisite Formal Dining Room off of Kitchen, Spacious Family Room, wide kitchen with Stainless Steel appliances and Cheerful Breakfast Room! Walk-in pantry with gorgeous custom glazed door! Magnificent master retreat with sitting area and large walk-in closet. Large Secondary Bedrooms. 2" Blinds on windows. Second attic - so much storage! Private backyard that backs up to green space. Backyard also features well-maintained deck across the entire back of the home, as well as a storage shed! Just a short walk away from Arboretum/Botanical Garden and Library. You don't want to wait to see this GEM!

Investor Tools

Property Icon
$231,188
Estimated Property Value
$175,000Estimated Mortgage Balance
$75,396Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,387 /month
Positive
Cash Flow Estimate:
$462 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$237/month
$312/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,692
$231,188
2025
$41,476
$189,712
$231,188
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,692
$231,188

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$175,000
No
First
Sep 11, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,792
$75,396
32%
67%
$1,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,362/mo
+$360/mo
8.9%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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3010 Cypress Island Dr | Property Details | No Agent List