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General Description
minimizeImagine this, Spending your summer evenings on your back patio, enjoying BBQ and your favorite refreshment while looking out over the lake. Imagine it no more!! Here is your chance to make your dreams a reality. 3 bedrooms, 3 full bathrooms and the view from your back patio. Granite countertops, travertine backsplash and beautiful floors. New A/C in June 2021. This one is your forever home!!
MLS#:
31868666 (HAR)
Sold Price Range:
$325,001 - $370,000
Listing Status:
Sold
Address:
12502 Drake Prairie Lane
City:
Cypress
State:
TX
Zip Code:
County:
Subdivision:
Legal Description:
LT 5 BLK 4 RAVENSWAY LAKE
Property Type:
Single-Family
Bedrooms:
3 Bedroom(s)
Baths:
3 Full Bath(s)
Garage(s):
2 / Attached
Stories:
1
Style:
Ranch
Year Built:
2003 / Appraisal District
Building Sqft.:
2,454 /Appraisal District
Lot Size:
7,200 Sqft. /Appraisal District
Maintenance Fee:
$ 475 / Annually
Key Map©:
368L
Market Area:
Rooms/Lot Dimensions
Living:
16x14, 1st
Dining:
13x12, 1st
Breakfast:
11x8, 1st
Primary Bedroom:
16x13, 1st
Bedroom:
11x10, 1st
Bedroom:
11x10, 1st
Home Office/Study:
12x10, 1st
Interior Features
Fireplace:
1/Freestanding
Countertop:
Granite
Floors:
Laminate, Tile
Bedroom Description:
All Bedrooms Down
Heating:
Central Gas
Cooling:
Central Electric
Connections:
Electric Dryer Connections, Washer Connections
Dishwasher:
Yes
Disposal:
Yes
Microwave:
Yes
Oven:
Gas Oven
Range:
Gas Cooktop
Energy Feature:
Ceiling Fans
Interior:
Dryer Included, Refrigerator Included, Washer Included
Exterior Features
Roof:
Composition
Foundation:
Slab
Private Pool:
No
Exterior Type:
Brick, Cement Board
Lot Description:
Subdivision Lot
Water Sewer:
Public Sewer, Public Water
Unit Location:
Subdivision Lot
Additional Information
Dwelling Type:
Free Standing
HOA Mandatory:
Yes
List Type:
Exclusive Right to Sell/Lease
Buyer Agent Compensation*:
3%
Sub Agent Compensation*:
1%
Financial Information
Financing Considered:
Cash Sale, Conventional, FHA, VA
Other Fees:
Yes / 250 / transfer
Maintenance Fee:
Mandatory / $475 / Annually
Taxes w/o Exemp:
$6, 036/2021
Tax Rate:
2.4537
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $144.66 | $355,000 | 10.78% | $355,000 | 31.19% |
| 2022 | $130.59 | $320,467 | 26.07% | $270,600 | 10.00% |
| 2021 | $103.58 | $254,194 | 13.66% | $246,000 | 10.00% |
| 2020 | $91.13 | $223,637 | -0.91% | $223,637 | 0.55% |
| 2019 | $91.97 | $225,697 | 11.62% | $222,420 | 10.00% |
| 2018 | $82.40 | $202,200 | 0.00% | $202,200 | 0.00% |
| 2017 | $82.40 | $202,200 | -3.89% | $202,200 | -0.27% |
| 2016 | $85.73 | $210,390 | 3.01% | $202,756 | 10.00% |
| 2015 | $83.23 | $204,241 | 10.17% | $184,324 | 10.00% |
| 2014 | $75.54 | $185,386 | 21.70% | $167,568 | 10.00% |
| 2013 | $62.08 | $152,335 | 0.00% | $152,335 | 0.00% |
| 2012 | $62.08 | $152,335 | $152,335 |
2023 Harris County Appraisal District Tax Value
| Market Land Value: | $77,400 |
| Market Improvement Value: | $277,600 |
| Total Market Value: | $355,000 |
2023 Tax Rates
| CYPRESS-FAIRBANKS ISD: | 1.2948 % |
| HARRIS COUNTY: | 0.3437 % |
| HC FLOOD CONTROL DIST: | 0.0306 % |
| PORT OF HOUSTON AUTHORITY: | 0.0080 % |
| HC HOSPITAL DIST: | 0.1483 % |
| HC DEPARTMENT OF EDUCATION: | 0.0049 % |
| LONE STAR COLLEGE SYS: | 0.1078 % |
| HC FWSD 61: | 0.2800 % |
| HC EMERG SRV DIST 13: | 0.0919 % |
| HC EMERG SRV DIST 11: | 0.0293 % |
| Total Tax Rate: | 2.3393 % |
Estimated Mortgage/Tax
minimize
$2,029 Monthly
| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 1,337 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 692 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimize2023 Subdivision Facts
Subdivision Name:
Ravensway Lake
County / Zip Code:
77429
Single Family Properties:
123
Average Bedrooms:
3.59
Average Baths:
2.48
Median Square Ft.:
2,349
Median Lot Square Ft.:
7,200
Median Year Built:
2004
Median Appraised Value:
$297,287
Neighborhood Value Range:
$253 - $350 K
Median Price / Square ft.:
$147.08
View Price Trends for Ravensway Lake
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Good | 
Excellent | View Nearby Schools ↓
Property Map
minimize12502 Drake Prairie Lane Cypress TX 77429 was recently sold. It is a 0.17 Acre(s) Lot, 2,454 SQFT, 3 Beds, 3 Full Bath(s) in Ravensway Lake.
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