$401,420 EMV

5 Beds   4 Baths   3,130 Sq. Ft.   Single-Family
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Peach Meadow Dr
Cypress, TX 77429

Overview

This possible Bankruptcy asset is located at Peach Meadow Dr, Cypress, TX 77429. It has 5 Beds 4 Baths , 3,130 sqft of living space. This property has an estimated market value of $401,420.
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Status: Active
Listing ID: 62580658
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Learn about Peach Meadow Dr in Cypress, TX

This property features 5 bedrooms and 4 bathrooms, perfect for investment and/or your personal residence. With 3,130 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Cypress, specifically for Peach Meadow Dr and comparable listings. Based on this expert analysis, the estimated market value is $401,420. If purchased for rental purposes, the monthly rental rate could range between $2,000 and $2,220, providing a solid return on investment. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Peach Meadow Dr are updated daily along with others in Cypress, Texas, ensuring you have the most current and accurate information.


Buy this home for as little as

Plus with taxes and insurance

Based on 20% down, 30 year mortgage, with 6% APR

Principal
Interest
Property Taxes
Homeowners Insurance
Total Monthly Ownership Cost

All calculations are estimates provided for informational purposes. Actual amounts may vary by location. It is important to know that mortgage rates are dependent on credit scores, loan timeline, and a down payment amount.

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What is the city of Cypress, TX like?

Cypress, Texas, is a thriving community located just northwest of Houston. Known for its family-friendly atmosphere, Cypress offers a mix of suburban living while being close to the hustle and bustle of the city. The area features numerous parks, hiking trails, and golf courses, making it an ideal destination for outdoor enthusiasts.

Residents of Cypress enjoy access to top-notch schools, shopping centers, and a variety of dining options. The vibrant community hosts several annual events that bring residents together, fostering a sense of belonging and camaraderie. Moreover, Cypress is home to several large employers, contributing to a stable and growing economy.

Transportation in Cypress is convenient, with easy access to major highways and major public transit options. Residents benefit from well-maintained roads and proximity to the George Bush Intercontinental Airport. The area's connectivity to Houston makes commuting easy and provides a wide range of job opportunities for its residents.

Nearby Schools

There are 4 schools in the area. Nearby schools include Cypress Woods High School and Cypress Ranch High School.

Cypress Woods High School
Cypress Ranch High School
Hamilton Elementary School
Cypress Creek High School

Nearby Attractions

There are plenty of activities near this property like Cypress Library, Northwest Harris County Activity Center, and more.

Cypress Library
Northwest Harris County Activity Center
Houston Methodist Cypress Hospital
Cypress Creek Police Station

What kind of public transportation is there?


Public transportation options include: METRO bus services provide connectivity to nearby areas and Houston., Park and ride services available for commuters traveling to Houston.. Other services include ride-sharing services like Uber and Lyft.

Nearby Parks


Parks nearby include Cypress Park, Cypress Top Historic Park and more.

Cypress Park
Cypress Top Historic Park
Barker Cypress Park
Darren M. Pattison Park

Cellular & Internet Providers


Services available in the area include cellular and internet options.

Cellular Providers

Verizon
AT&T
T-Mobile
Sprint

Internet Providers

Xfinity
AT&T
Suddenlink
Rental Chart
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for Peach Meadow Dr in Cypress Texas
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Property Information

Public Records

Community & Neighborhood

This property in Cypress, TX is located in the Quail Forest Sec 02 Subdivision.


Bankruptcy

The property located at Peach Meadow Dr in Cypress, TX is listed as a potential Bankruptcy asset.

This property may be available as a potential bankruptcy asset in Case Number: 24-34681. It is listed because the address was used as the mailing address for an individual who has filed for bankruptcy on 10-03-2024. This listing at Peach Meadow Dr in Cypress, Texas is among more than 1 million records featured in our comprehensive nationwide real estate database. However, unlike most property records, not all homes / addresses associated with a bankruptcy filing are for sale. We highly recommend that you first contact David Peake (court-appointed receiver / trustee) listed below (scroll down) under "Legal/Bankruptcy Information" sections to learn whether or not the property is (or will soon be) for sale.

What is a bankruptcy estate?

A property owner who is experiencing difficult financial issues will sometimes file for bankruptcy as a last resort. This is a legal proceeding (usually called Chapter 7 bankruptcy), during which a court-appointed receiver / trustee, like David Peake, will be assigned to determine all the assets of a distressed property owner. More often than not, a home or property is one of the most valuable assets that the court-appointed receiver / trustee will leverage to satisfy the distressed property owner’s outstanding debts. The contents of the home, as well as any other assets (e.g. cars, boats, etc.), are also often included in a bankruptcy estate. David Peake is almost always motivated to sell a property included in a bankruptcy filing very fast -- there is no real attachment to it other than to obtain funds to pay off debts. And the savings for a savvy buyer and/or investor looking to buy a house that's part of a bankruptcy filing for sale in Cypress, TX can be tremendous.

First Steps to Buying a Bankruptcy

In order to purchase a bankruptcy property, you will need to approach David Peake to pursue your deal.

Contact David Peake to find out if the property is for sale as part of the bankruptcy.  If so, request the terms for the sale of the property as well as any additional information regarding the condition of the property. This will help you understand the type of investment your are getting into.

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Legal Information

Bankruptcy Information

Credit Information Center

County Information

Document Center

Rental Value

The estimated rental value for Peach Meadow Dr located in Cypress, TX is $2,110/month. Comparable homes around Peach Meadow Dr that are rentals have monthly ranges starting as low as $2,000 per month and as high as $2,220 per month. An owner looking to use this property as an investment could bring a return in the area of $2,000 - $2,220 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
10/03/24   Bankruptcy

Similar Homes Nearby Cypress, TX


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Peach Meadow Dr
Cypress, TX 77429

5 Beds   4 Baths   3,130 sq. ft.   Single-Family

$401,420 EMV

Status: Active Listing ID: 62580658

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Peach-Meadow-Dr-Cypress-TX-77429/62580658_lid

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