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$201,000

NAL Estimated Property Value

7246 Prairie Village Dr, Cypress, TX, 77433

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,114 Sq Ft
price_per_sqft$197.4 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Property Icon
$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
No

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
No
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%

City: Cypress

7246 Prairie Village Dr | Property Details | No Agent List