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$314,000

14515 Palos Park Dr, Cypress, TX, 77429

$335,992 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,623 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size9,017 sqft

Building Information

Year Built1996
Garage Spaces2

Land Information

APN1162450040018
Lot Number18
SubdivisionCypress Mill
Land UseResidential
Legal DescriptionLT 18 BLK 4 CYPRESS MILL SEC 1
Census Tract554405
Assessed Land Value$59,239
Assessed Improvement Value$254,595
Assessment Year2025

About this property

Welcome Home to 14515 Palos Park Drive-- a rare gem, 1.5 story Pulte home with ALL BEDROOMS DOWN and a spacious GAMEROOM up! Double-Pane Windows throughout, complete Trane HVAC & Furnace replacement 2023, Kitchen Appliances 2020, NEW Back Door 2024. Lovely Entry & OPEN LIVING space with Wood-like Tile! Primary Bedroom is SUPER SPACIOUS featuring High Ceilings, Double-door Entry to Primary Bath with Vanity Seating, Double Sinks & Separate Soaker Tub & Shower. Large 12 FOOT Walk-in Closet! ALL Bedrooms feature Crown Moulding! Secondary Bedrooms have WALK-IN CLOSETS as well! Exterior features BRICK all FOUR sides, meticulously maintained! SPA & HOT TUB 2020 with Fabulous Color-Changing LED Lights, recent refinished Covered PERGOLA, Recent Garage Door Opener too! Rain Gutters all the way around, Oversized Stamped Concrete Deck w/BBQ & Fire Pit included! Lush Landscaping, Fully AUTOMATED SPRINKLER SYSTEM Front & Back! Zoned to A-rated CFISD schools! Great location easy access to 290 & 99!

Investor Tools

Property Icon
$314,000
Estimated Property Value
$179,000Estimated Mortgage Balance
$158,600Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$335,992
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,839
$313,834
2025
$59,239
$254,595
$313,834
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,839
$313,834

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rock Mortgage Services Lp
Conventional
$179,000
No
First
Sep 13, 2019
Oct 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,400
$158,600
50%
49%
$1,074/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$1,824/mo
+$966/mo
10.7%

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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14515 Palos Park Dr | Property Details | No Agent List