$215,000 Last Listed Price
●
House -
Off Market
14507 Cypress Leaf Drive
Cypress, TX 77429
3 Beds
2 Baths
1,552 Ft²
$224,646
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
This would make a great investment property! Looking for a quick
AS-IS buyer that wants a value-add opportunity. This home can
easily be updated and kept as a good rental property and sold
later. ARV is higher than the current price. Seller prefers a quick
closing. New roof was just installed in January 2023. Laminate
flooring is several years old, but likely needs replacing due to
wear and tear. Cabinets also need some work, as does the bathroom
tile work, but it can all be done later as well if new owner
prefers(depending on strategy.) CURRENT PRICE IS REFLECTIVE OF
CONDITION. It's NOT for buyers needing a "ready to move-in" home,
but great as a minor fixer upper, for a a buyer that can close
fast.
Unit Size
1,552 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$139
Property Type
House
Property Taxes
$498
HOA Dues
$25
Year Built
1979
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (HAR #89473533)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by RE/MAX Integrity | $260,000 | |
| Listed by RE/MAX Integrity | |||
| | |||
|
Welcome home to this adorable 3 bed, 2 FULL BATH home that features both CHARM and UPDATES throughout. With the ROOF replaced in 2023, AC, FURNACE, & FULL AIR DUCT SYSTEM systems all replaced in 2024 and INSULATION replaced and upgraded in 2024, this house has so much to offer. The Backyard has new landscaping and has been Graded, leveled, has fresh sod, and new irrigation system as well.
As you Walk in the front door you are greeted with the OPEN FLOORPLAN with LARGE LIVING AREA open to the kitchen and dining areas that feature updated light fixtures and a large island, perfect for gathering and entertaining. The bedrooms are all good size and all feature large closets. The primary bedroom has a walk in closet and updated en suite bathroom. In the primary bathroom you find a large walk in shower and space to add a tub if you desire.
| |||
| Jul 19, 2023 | Sold | ||
| Sold | |||
| May 17, 2023 | Listed by Precious Realty & Mortgage | $239,750 | |
| Listed by Precious Realty & Mortgage | |||
| | |||
|
Recently renovated. Open layout. Schedule a showing to see the beauty of the house. Subject property located in a very highly desirable location. You are only 4 minutes away from HEB. Open Layout NEW ROOF, NEW ROOF install Jan-2023. NEW GUTTER installed in 2023, LOW TAX RATE. NEW Luxury Laminated FLOORING - water proof for easy cleaning. Recently renovated. it is freshly painted. Large/ spacious stone Back Yard. It is very close to parks, golf courses. Dont miss this opportunity to own this starter home in a great Area. Refrigerator is negotiable. Large back yard. BBQ TIME, family time
No flooding in the pass so as present time.
Elementary: Black Elementary school
Middle school: Hamilton middle school
High school: Cy-Fair highschool
Agent/buyer should independently verify all information.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cypress
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Listed by: Evan Compean, Compean Group
Last Updated: 5 months ago
Data Source: HAR , MLS# 89473533
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purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 5 months ago
Data Source: HAR , MLS# 89473533
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