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Owner Contacts

$201,000

NAL Estimated Property Value

7246 Prairie Village Dr, Cypress, TX, 77433

Off Market

3 Beds

2 Bath

1,114 Sq Ft

Single Family Residence

$197.4 / sqft

Built in 1984

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Trash Compactor, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven

FlooringTile

Exterior

Lot Size4,199 sqft

Building Information

Year Built1984

Garage Spaces1

Land Information

APN1177150010031

SubdivisionAmhurst

Land UseResidential

Legal DescriptionTRS 31C & 32A BLK 1 AMHURST SEC 2

Census Tract543011

Assessed Land Value$51,870

Assessed Improvement Value$133,949

Assessment Year2025

About this property

Newly renovated and updated with roof (June 2024), vinyl plank flooring throughout, granite counters, fresh paint, new stainless steel appliances (dishwasher, stove and microwave), modern light fixtures, new faucets and mirrors. Ready for immediate move-in with plenty of natural light, vaulted ceiling so room feels spacious, cozy fireplace w/mantle for cool winter nights, 2 patios perfect for your grill and a patio table/chairs for wine under the stars. 2 closets in the primary. Save energy with ceiling fans in every bedroom. NO CARPET is an allergen prone person's dream! This is a great starter home or smart rental unit for passive income. 1-car garage with laundry connections in the garage. Easy access to Hwy 99/Grand Pkwy and Hwy 290 with convenient shopping, restaurants, grocery and entertainment in nearby Towne Lake town center or just 20 minutes to LaCenterra at Cinco Ranch. Located in coveted Cy-Fair school district. Schedule your private tour before this gem is gone.

Investor Tools

$201,000

Estimated Property Value

$151,337Estimated Mortgage Balance

$49,663Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,319 /month

Positive

Cash Flow Estimate:

$440 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$193/month

$350/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,317

$185,819

2025

$51,870

$133,949

$185,819

Tax History

Year

Tax Paid

Assessed Value

2024

$1,317

$185,819

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Provident Funding Associates Lp

Conventional

$155,000

First

Jan 31, 2025

Feb 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$151,337

$51,663

25%

75%

$930/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,520/mo

$1,280/mo

+$1,240/mo

15.0%

Learn About the Market: Opportunity in Texas

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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.

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