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$339,000

15118 Russet Bend Lane, Cypress, TX, 77429

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,319 Sq Ft
price_per_sqft$146.18 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesSprinkler System
Lot Size7,971 sqft

Building Information

Year Built2011
Garage Spaces2

Land Information

APN1325280010012
Lot Number12
SubdivisionVillages Of Cypress Lakes
Land UseResidential
Legal DescriptionLT 12 BLK 1 VILLAGES OF CYPRESS LAKES SEC 23
Census Tract554405
Assessed Land Value$97,084
Assessed Improvement Value$251,916
Assessment Year2025

About this property

Welcome home to 15118 Russet Bend! This move-in-ready property has a NEW ROOF and BRAND NEW CARPETS throughout! It has been very well cared for. As soon as you walk in, the ample light shines on the clean floors and spotless walls. On the left, you pass the formal dining room before entering the large family room that is open to the kitchen. A spacious breakfast room gets in the mix to form the heart of the home. Warm yourself by the fireplace on cold days, or step out onto the large back patio to enjoy morning coffee or summer evenings. No need to worry about watering the grass, this property comes with a fully automated sprinkler system. Done for the night? Head to the well-appointed primary bedroom and bathroom with dual vanities, a large closet, soaking tub, and separate shower! The secondary bedrooms are well sized. Seller is willing to contribute to floor replacement. This property is in Cypress Fairbanks ISD. Priced to sell, schedule a showing today!

Investor Tools

$189,005Estimated Mortgage Balance
$184,995Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,244 /month
Positive
Cash Flow Estimate:
$748 /month

Interested in this property?

Cody McMillian

Niva Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$337/month
$912/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,176
$349,000
2025
$97,084
$251,916
$349,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,176
$349,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$214,500
No
First
Apr 28, 2020
May 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,005
$184,995
49%
51%
$1,287/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,199/mo
+$591/mo
9.0%

City: Cypress

15118 Russet Bend Lane | Property Details | No Agent List