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B+
NoAgentList RatingHow are grades calculated? Info

$506,168

15014 Clearwater Heights Dr, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,663 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.43 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Gas Range, Dishwasher, Oven
FlooringBrick, Carpet, Tile

Exterior

Lot Size7,296 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1407030020001
Lot Number1
Land UseResidential Single Family
Legal DescriptionLT 1 BLK 2 ENCLAVE AT NORTHPOINTE SEC 8
Census Tract555505
Assessed Land Value$106,368
Assessed Improvement Value$399,800
Assessment Year2025

About this property

Beautiful lake front 2-story home with 4 bedrooms with 3.5 baths, and attached 2-car garage. Four side brick/stone front elevation, covered front porch, covered rear patio, open plan with 2-story family room, kitchen open to the family room, 42" cabinets with under cabinet lighting, and granite countertops. Great view overlooks the lake from the family room, owner suite, and breakfast area. Offered by: K. Hovnanian of Houston II, L.L.C.

Investor Tools

Property Icon
$506,168
Estimated Property Value
$348,000Estimated Mortgage Balance
$196,365Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,037 /month
Positive
Cash Flow Estimate:
$1,012 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$693/month
$765/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,786
$506,168
2025
$106,368
$399,800
$506,168
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,786
$506,168

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
K Hovnanian American Mortgage Llc
Va
$348,000
Yes
First
Sep 29, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,803
$196,365
38%
61%
$2,087/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,852/mo
$-62/mo
6.6%

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.

Explore Texas Explore This Area
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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15014 Clearwater Heights Dr | Property Details | No Agent List