6view

Owner Contacts

$651,318

NAL Estimated Property Value

10618 Grace Hollow Dr, Cypress, TX, 77433

Off Market

4 Beds

4 Bath

3,283 Sq Ft

$152.27 / sqft

Built in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size13,647 sqft

Building Information

Year Built2017

Garage Spaces3

Land Information

APN1348660030005

Lot Number5

SubdivisionTowne Lake

Land UseResidential

Legal DescriptionLT 5 BLK 3 TOWNE LAKE SEC 27

Census Tract543007

Assessed Land Value$131,165

Assessed Improvement Value$520,153

Assessment Year2025

About this property

***OPEN HOUSE SAT & SUN, AUG 7-8 FROM 12-3PM*** Welcome home to 10618 Grace Hollow Dr! This beautiful two-story David Weekley home is like new with 3,283 sqft of living space and boasts 4 beautifully appointed bedrooms, 3 1/2 bathrooms, a conveniently located upstairs GAME ROOM, STUDY/LIBRARY, 3-car garage, an extended COVERED PATIO, and sits on a huge 13,648 sqft CORNER LOT! There are an abundance of features including durable wood-look tile floors, modern finishes, marble countertops, stunning master suite, spacious kitchen, and so much more! This home is located in the master-planned community of Towne Lake which has 3 onsite schools with community amenities including a Lake, Parks/Trails, Fitness Center, Waterpark/Pool, an Island, Lakehouse, Fishing, Boat Docks/Marina, and is zoned to Cy-Fair ISD. The community is nearby restaurants/shopping on it's very own Boardwalk as well as the Grand Parkway (99), Hwy 6, Beltway 8, and 249 for an easy commute.

Investor Tools

$651,318

Estimated Property Value

$346,353Estimated Mortgage Balance

$304,965Estimated Equity

46% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,908 /month

Positive

Cash Flow Estimate:

$1,303 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$604/month

$1,674/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,989

$651,318

2025

$131,165

$520,153

$651,318

Tax History

Year

Tax Paid

Assessed Value

2024

$3,989

$651,318

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$380,000

First

Sep 2, 2021

Oct 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$346,353

$304,965

46%

53%

$2,279/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,250/mo

$3,953/mo

$-703/mo

6.0%

Learn About the Market: Opportunity in Texas

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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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