About this home

Own three contemporary condominiums in desirable Cypress, built in 2023 and generating a combined 12,550 per month in rental income. Each residence offers approximately 1,800-1,850 sq. ft. of modern living space, featuring 3 spacious en-suite bedrooms that comes with 3 private bathrooms, and an additional downstairs powder room. Contemporary interiors, thoughtfully designed floor plans, and modern construction create an attractive living environment for today's lifestyle. Each unit features a direct-access two-car garage with EV charging, complemented by an attractive pavered driveway and 3 additional parking spaces in the backyard. Each condominium also has its own APN and separate electricity and gas meters, providing flexibility for ownership and utility management. Whether you're expanding your investment portfolio or seeking a distinctive multi-unit property with established cash flow, this rare offering combines newer construction, desirable amenities, individual parcel ownership, and strong rental income potential in one compelling package. Three residences. Three separate APNs. One outstanding investment opportunity in Cypress!

Facts and features

Schools

• Lexington Junior High School

  middle · 7-8 · 0.5 mi

  6

• Cypress High School

  high · 9-12 · 1.6 mi

  9

• A. E. Arnold Elementary School

  elementary · K-6 · 0.3 mi

  7

• Aslan Academy

  elementary · 1-12 · 0.3 mi

• Cypress Montessori Academy

  elementary · PK-1 · 0.6 mi

• Clara J. King Elementary School

  elementary · K-6 · 0.6 mi

  8

Price history

• Oct 29, 2026 · Listed$2,890,000
• Nov 29, 2023 · Listing Removed$3,900
• Nov 22, 2023 · Listed For Rent$3,900
• Dec 7, 2021 · Sold$930,000
• Nov 15, 2018 · Sold$650,000
• May 23, 2018 · Relisted$650,000
• Nov 28, 2017 · Listing Removed$650,000
• Nov 27, 2017 · Relisted$650,000

Tax history

• 2025$8,097 tax · $705,235 assessed
• 2024$7,747 tax · $691,407 assessed

Home value

$986,000

• Collateral Analytics$986,000
• Quantarium$2,792,186

Where it is