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$408,000

NAL Estimated Property Value

15139 Blackburn Cove Ct, Cypress, TX, 77429

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,548 Sq Ft
price_per_sqft$162.87 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,854 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1229500020026
Lot Number26
SubdivisionThe Reserve At Cypress Creek
Land UseResidential
Legal DescriptionLT 26 BLK 2 THE RESERVE AT CYPRESS CREEK
Census Tract554501
Assessed Land Value$89,890
Assessed Improvement Value$315,201
Assessment Year2025

About this property

Charming home in the gated section in The Reserve at Cypress Creek. Situated on the culdesac with direct access to the walking trails, you will love feeding the ducks in the morning and enjoying a glass of wine by the fountains in the evenings. Amazing curb appeal with large front yard and beautiful landscaping. Peak lighting has been installed on the house to showcase its beauty at night. Nice wide entry with high ceilings opens up to a formal dining room and large home office or formal living. Wood and tile floors throughout most of the home. Large island kitchen with granite counter tops, undermount lighting, and tons of cabinet and counter top space. Lots of natural light throughout the home. Primary bedroom has wood flooring with large ensuite bath. Nice sized secondary bedrooms. Inviting backyard is perfect for enjoying the serenity of this neighborhood. Wonderful wooded walking trails. Roof and new flooring Dec 2022...and so many more upgrades! Come and see your Next Home!

Investor Tools

Property Icon
$408,000
Estimated Property Value
$312,879Estimated Mortgage Balance
$95,121Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$401/month
$1,125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,776
$405,091
2025
$89,890
$315,201
$405,091
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,776
$405,091

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$323,500
No
First
Jul 15, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,879
$100,121
24%
77%
$1,940/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$3,065/mo
$-905/mo
6.4%

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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15139 Blackburn Cove Ct | Property Details | No Agent List