11923 Pondwood Dr
Cypress, TX 77429
List Price
$279,000
Initial Investment
$76,028Purchase Price
$279,000
Down Payment
25%
Rent
$2,150
Total Return
$69,735
Annualized Return
13.3%
Cap Rate
4.8%
Gross Yield
9.2%
Cash Flow
-$2,781
Appreciation
5.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
8,400
HOA
$13/mo
Flood Risk
Not Required
Welcome home to 11923 Pondwood Dr! This stunning 1,915 sqft 2-story FULLY REMODELED home boasts 3 bedrooms, 2 1/2 bathrooms, with many wonderful upgrades. Enjoy newly renovated bathrooms, an open floor plan, and a cozy family room complete with a fireplace, brand-new flooring throughout, a beautiful kitchen with stunning quartz countertops and a stylish, freshly installed backsplash, a 2-CAR GARAGE, and a large backyard. Sitting on a beautiful 8,400 sqft lot with a well-maintained lawn and a beautiful brick elevation this home offers a fantastic curbside appeal! Schedule your private showing on this beautiful home today!
See more in Analysis
Fred McDaniel
Realty ONE Group Iconic
TX Agent License #573495
Annual Financial Highlights
Expected Rent
$24,510Expenses
-$4,573Property Taxes
-$7,550Loan Payments
-$15,168Net Cash Flow
-$2,781See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Realty ONE Group Iconic
TX Brokerage License 9003340
Realty ONE Group Iconic
TX Brokerage License 9003340
SourceHouston Association of REALTORS®
MLS #15563466
Last Updated: 03/17/2025 18:03
MLS #15563466
Last Updated: 03/17/2025 18:03