14966 CYPRESS HOLLOW DR

NEW CANEY, TX 77357
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3 bd, 2 ba | 1,396 sqft | Built in 2022

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List Price
$230,000

Initial Investment

$62,675

Purchase Price

$230,000

Down Payment

25%

Rent

$1,820

Total Return

$53,384

Annualized Return

12.2%

Cap Rate

4.0%

Gross Yield

9.5%

Cash Flow

-$3,540

Appreciation

5.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

4,800

HOA

$63/mo

Flood Risk

Not Required

Lovely single-story home with no back neighbor for added privacy! Inside, you'll find neutral paint, wood vinyl plank, carpeted bedrooms, utility room, and an open floor plan. The kitchen offers a breakfast bar island and stainless steel appliances while the master suite has dual sinks and a huge closet! Enjoy outdoor entertaining under the covered patio in the spacious backyard. Located in a newer community with fantastic amenities including a pool, splash pad, pavilion, playground, elementary school, and walking paths! Close proximity to TX 242 and I-69!

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Ariana White
EXP Realty, LLC
TX Agent License #714146

Annual Financial Highlights

Expected Rent

$20,748

Expenses

-$3,924

Property Taxes

-$7,860

Loan Payments

-$12,504

Net Cash Flow

-$3,540

See 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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Listing Courtesy of:Mark Dimas
Realty Of America, LLC
Certified Agent Brokerage:Ariana White
EXP Realty, LLC
TX Brokerage License 603392
SourceHouston Association of REALTORS®
MLS #89503462
Last Updated: 02/25/2025 19:02
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.