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$229,610

NAL Estimated Property Value

3035 Cypress Island Dr, Houston, TX, 77073

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,705 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.1 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,046 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN1252790010002
Lot Number2
SubdivisionCypress Terrace
Land UseResidential
Legal DescriptionLT 2 BLK 1 CYPRESS TERRACE SEC 1
Census Tract240802
Assessed Land Value$42,412
Assessed Improvement Value$187,198
Assessment Year2025

About this property

Previous Lennar model home ready for a new family! This wonderfully updated home offers tons of little extras throughout. Some extras include 2 in. blinds, built-in surround sound speakers, built-in niche with shelving, laminate flooring on the 1st floor & staircase/landing. Spacious kitchen offers a clean/modern look w/ marble flooring, quartz countertops, beautiful white birch cabinets & stainless steel appliances. Downstairs there's also a large living space, formal dining & breakfast area. All bedrooms are located upstairs & offer sizable room space + plenty of closet space. Outback is a huge deck & pergola perfect for backyard barbeques, entertaining or just enjoying the tranquil outdoors (No back neighbors!). 2 car garage is fully insulated, prewired for AC and has epoxy floors. Homeowner upgrades include the deck & pergola + shed outback, new carpet in primary, interior paint & NEW ROOF! Call to schedule your appt today & ask how we can help save thousands in monthly payments!

Investor Tools

Property Icon
$229,610
Estimated Property Value
$198,464Estimated Mortgage Balance
$31,146Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,378 /month
Positive
Cash Flow Estimate:
$459 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$268/month
$547/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,067
$229,610
2025
$42,412
$187,198
$229,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,067
$229,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$206,196
Yes
First
Apr 5, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,464
$31,146
13%
86%
$1,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,784/mo
$-62/mo
9.0%

City: Houston

3035 Cypress Island Dr | Property Details | No Agent List