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Days33Days on Market
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$200,000

$204,999

7450 Parkland Manor Dr, Cypress, TX, 77433

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,760 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.64 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size4,935 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN1156220110034
Lot Number34
SubdivisionLancaster
Land UseResidential
Legal DescriptionLT 34 BLK 11 LANCASTER SEC 2
Census Tract543010
Assessed Land Value$47,223
Assessed Improvement Value$212,491
Assessment Year2025

About this property

Discover this inviting 3-bedroom, 2-bathroom home located in a well-maintained Cypress community. The property features a functional single-story layout with a spacious living area, dining space, and a comfortable kitchen footprint ready for personalization. All bedrooms offer good natural light, and the primary suite includes its own private bath. Highest and best by Tuesday.

Investor Tools

Property Icon
$259,714
Estimated Property Value
$268,500Estimated Mortgage Balance
$24,546Estimated Equity
-3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,558 /month
Positive
Cash Flow Estimate:
$519 /month

Interested in this property?

Nicholas Castaneda

Real Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$111/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31
$259,714
2025
$47,223
$212,491
$259,714
No

Tax History

Year
Tax Paid
Assessed Value
2024
$31
$259,714

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Reverse Mortgage / Hecm
$268,500
No
First
Jul 2, 2021
Nov 2094

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,168
$24,546
9%
91%
$1,005/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$1,505/mo
+$1,015/mo
11.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Cypress

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