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$354,000

NAL Estimated Property Value

9675 Towne Lake Parkway, Cypress, TX, 77433

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,020 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$148.02 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony
Lot Size2,012 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1367350010023
Lot Number23
Land UseResidential
Legal DescriptionLT 23 BLK 1 TOWNE LAKE SEC 40
Census Tract543006
Assessed Land Value$63,171
Assessed Improvement Value$251,503
Assessment Year2025

About this property

Welcome to resort style living in this gated section of Towne Lake, steps away from the water. Fabulous location w/ views of water. Easy access to all major highways, Towne Lake amenities are walking distance. This gated section has its own infinty edge pool overlooking the lake. Walk into this amazing townhome & feel like you are in a model! High end finishes were chosen throughout. There is an elevator shaft, if desired to add an elevator. Rod iron spindles on staircase. 2nd floor has kitchen, breakfast area, & lrg living area w/ half bath. Huge island in kitchen w/ Whirlpool s/s appliances, 5 burner gas stove, kitchen & balcony off the kitchen give you the water views. A room off the kitchen can be your wine grotto/bar room, a sm flex space. Walk in pantry. Gas line on balcony. No carpet in home except for stairs. High ceilings w/ tons of natural light. 2nd Bed on 1st level w/ full bath. Primary bedroom on 3rd floor, laundry room, & loft, a great flex space & perfect study.

Investor Tools

Property Icon
$354,000
Estimated Property Value
$286,577Estimated Mortgage Balance
$67,423Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,124 /month
Positive
Cash Flow Estimate:
$708 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$295/month
$3,589/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,768
$314,674
2025
$63,171
$251,503
$314,674
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,768
$314,674

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$309,204
Yes
First
Jun 17, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,577
$67,423
19%
81%
$1,854/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$5,443/mo
$-3,533/mo
6.5%

City: Cypress

9675 Towne Lake Parkway | Property Details | No Agent List