Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$329,900

12806 Forest Meadow Dr, Cypress, TX, 77429

$354,364 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,526 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.6 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Free-Standing Range, Dishwasher
FlooringCarpet, Laminate

Exterior

Exterior FeaturesSprinkler System
Lot Size12,898 sqft

Building Information

Year Built1980
Garage Spaces2

Land Information

APN1123630000032
Lot Number32
SubdivisionLakewood Forest
Land UseResidential
Legal DescriptionLT 32 BLK 23 LAKEWOOD FOREST SEC 10
Census Tract554702
Assessed Land Value$81,395
Assessed Improvement Value$201,500
Assessment Year2025

About this property

Welcome to 12806 Forest Meadow Drive in Cypress, TX! Situated on an impressive 12,900 sq. ft. lot with mature trees and landscaping, this spacious two-story home offers 4 bedrooms, 2 full baths, and a convenient half bath. Inside, you'll find generously sized bedrooms, a formal living area, formal dining room, and a family room featuring a brick fireplace, exposed wood beams, and a wet bar. The kitchen offers granite countertops, white cabinetry, ample storage, and an adjoining breakfast area. The oversized primary suite features double sinks, a separate vanity, walk-in shower, and two closets. Upstairs bedrooms offer generous space, including charming nooks ideal for reading or a home office. Step outside to an expansive backyard with a large covered patio, perfect for outdoor gatherings. A detached 3-car garage and extended, oversized driveway provide exceptional parking space. Discover the space and possibilities this property has to offer!

Investor Tools

$178,709Estimated Mortgage Balance
$165,291Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$354,364
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month

Interested in this property?

Melissa Burgos

JLA Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$372
$282,895
2025
$81,395
$201,500
$282,895
No

Tax History

Year
Tax Paid
Assessed Value
2024
$372
$282,895

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Low Va Rates Llc
Va
$203,665
Yes
First
Jul 21, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,709
$165,291
48%
52%
$1,222/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$1,972/mo
+$818/mo
9.7%

City: Cypress