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$387,000

NAL Estimated Property Value

8935 Summer Iris Trl, Cypress, TX, 77433

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,137 Sq Ft
price_per_sqft$173.14 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,782 sqft

Building Information

Year Built2015
Garage Spaces2

Land Information

APN1357570030001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 3 TOWNE LAKE GREENE SEC 4
Census Tract543006
Assessed Land Value$90,088
Assessed Improvement Value$296,912
Assessment Year2025

About this property

Welcome to 8935 Summer Iris Trail! This charming Single-Family property boasts 3 bedrooms, 2 bathrooms, and an Office/Game Room in 2137 square feet of comfortable living space with High Ceilings. Built in 2015, this home is perfect for anyone looking for a cozy retreat. Situated on a spacious 6783 square foot corner lot, there is plenty of room for outdoor activities and relaxation. Contact me for more details on this lovely property today!

Investor Tools

Property Icon
$387,000
Estimated Property Value
$338,012Estimated Mortgage Balance
$48,988Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,322 /month
Positive
Cash Flow Estimate:
$774 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
$2,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,332
$387,000
2025
$90,088
$296,912
$387,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,332
$387,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$342,000
No
First
Sep 2, 2025
Oct 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$338,012
$48,988
12%
87%
$2,051/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$4,151/mo
$-1,631/mo
7.8%

City: Cypress