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$360,000

8211 Lockridge Terrace Ln, Cypress, TX, 77433

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,221 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.09 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,334 sqft

Building Information

Year Built2015
Garage Spaces2

Land Information

APN1356240010003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 1 PINE CREEK AT CANYON LAKES WEST SEC 10
Census Tract543005
Assessed Land Value$69,686
Assessed Improvement Value$269,116
Assessment Year2025

About this property

Beautiful one story home in Canyon Lakes West, ideally situated on a cul-de-sac street with no back neighbors & just a short walk from a community lake. The open-concept interior features high ceilings, abundant natural light, plantation shutters throughout & elegant crown molding. A spacious kitchen offers an island with seating space, ample storage, stainless steel appliances, a walk-in pantry & adjoining dining area. The kitchen seamlessly connects to the family room that has a fireplace flanked by built-ins & a wall of windows overlooking the backyard. The primary suite is tucked away at the back of the home & features a luxurious bath & a generously sized walk-in closet. Three additional bedrooms provide flexible space for guests or a home office. Outdoors, enjoy a covered patio & private backyard with no rear neighbors. Canyon Lakes West residents enjoy resort-style amenities, plus access to numerous additional amenities in three neighboring communities.

Investor Tools

Property Icon
$338,802
Estimated Property Value
$35,460Estimated Mortgage Balance
$296,690Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

Interested in this property?

Jimmy Franklin

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
$1,144/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,023
$338,802
2025
$69,686
$269,116
$338,802
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,023
$338,802

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Loan Servicing Llc
Fha
$35,460
Yes
First
Jun 1, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$42,112
$296,690
87%
12%
$258/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$1,402/mo
+$1,118/mo
8.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Cypress

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8211 Lockridge Terrace Ln | Property Details | No Agent List