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$392,000

NAL Estimated Property Value

9647 Towne Lake Parkway, Cypress, TX, 77433

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,109 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$197.72 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Exterior

Lot Size1,986 sqft

Building Information

Year Built2016
Garage Spaces3

Land Information

APN1367350010030
Lot Number30
Land UseResidential
Legal DescriptionLT 30 BLK 1 TOWNE LAKE SEC 40
Census Tract543006
Assessed Land Value$63,073
Assessed Improvement Value$296,712
Assessment Year2025

About this property

Experience unparalleled luxury & convenience in this exquisite GATED 3 bedroom, 2 1/2 bath townhome. ELEVATOR installed for the 3 levels. This $36k elevator has a 900 lb capacity, is less than one year old, & operates flawlessly. The tandem 3 CAR GARAGE is fully air conditioned providing year round comfort with an integrated workshop/craft area, epoxied floor, built-in cabinetry, overhead storage racks. The garage is 680 sq ft featuring a dedicated 220V mini-split HVAC system & extra 110V & 220V power outlets. 2nd level features open concept living with family room, kitchen & breakfast area, along with half bath. Natural light flows through this open living space along with a balcony. Kitchen is equipped with S/S "lightly used" appliances, ample storage, & large island. 3rd level includes 3 bedrooms and 2 full baths. Large primary bedroom has walk in closet and bath features updated barn door, dual vanities, large glass-enclosed shower. Enjoy all of Towne Lake incredible amenities!

Investor Tools

Property Icon
$392,000
Estimated Property Value
$680,140Estimated Mortgage Balance
$392,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,502 /month
Positive
Cash Flow Estimate:
$834 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
$3,823/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$212
$359,785
2025
$63,073
$296,712
$359,785
No

Tax History

Year
Tax Paid
Assessed Value
2024
$212
$359,785

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$342,980
No
First
Mar 14, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$680,140
N/A
0%
174%
$4,165/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$7,988/mo
$-5,468/mo
7.7%

City: Cypress

9647 Towne Lake Parkway | Property Details | No Agent List