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Days22Days on Market
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$120,000

303 Cypress St, Lake Jackson, TX, 77566

$140,543 ARVInfo
On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,604 Sq Ft
price_per_sqft$74.81 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 6Bathrooms Full 6
Heating ElectricHeating Electric
CoolingCooling
FlooringCarpet, Vinyl, Wood

Exterior

Lot Size9,317 sqft

Building Information

Year Built1953
Stories1
Roof Type105

Land Information

APN2070-0071-000
Lot Number44
SubdivisionBrazos Oaks
Land UseResidential
Legal DescriptionBRAZOS OAKS SEC 1 (LAKE JACKSON), BLOCK 1, LOT 44
Census Tract663500
Assessed Land Value$22,820
Assessed Improvement Value$188,280
Assessment Year2025

About this property

303 Cypress St, Lake Jackson, TX 77566 is a single-family residence built in 1953 on a 9,317 sq ft (approximately 0.21 acre) lot in the Brazos Oaks Lake Jackson subdivision. The home is recorded at 1,604 sq ft of living area, one story, with a slab foundation and one full bathroom. The structure shows its age and will require significant rehabilitation throughout. Exterior and interior finishes are dated, and the overall physical condition is characterized as average to below average for the area, indicating noticeable wear and deferred maintenance. Key physical traits: One-story, slab-on-grade construction Approximately 1,604 sq ft living area on a 9,317 sq ft lot One full bathroom Built in 1953; older construction with dated materials and systems Property will require substantial repairs and updates to bring it to modern, marketable condition

Investor Tools

$54,630Estimated Mortgage Balance
$156,470Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$140,543
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,267 /month
Positive
Cash Flow Estimate:
$422 /month

Interested in this property?

Warren Colbert

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$420/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,980
$211,100
2025
$22,820
$188,280
$211,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,980
$211,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Allied Home Mortgage Capital Corp
Fha
$83,889
Yes
First
Mar 7, 2006
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,630
$156,470
74%
26%
$608/mo

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.

Explore Texas Explore This Area
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: Lake Jackson

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303 Cypress St | Property Details | No Agent List