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$285,000

15518 Elm Leaf Pl, Cypress, TX, 77429

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,070 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.68 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh 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, Wood

Exterior

Lot Size4,796 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1256080040011
Lot Number11
SubdivisionVillages Of Cypress Lakes
Land UseResidential
Legal DescriptionLT 11 BLK 4 VILLAGES OF CYPRESS LAKES SEC 9
Census Tract554405
Assessed Land Value$53,946
Assessed Improvement Value$221,794
Assessment Year2025

About this property

Welcome home to this beautifully maintained 3-bedroom, 2.5-bath home in the highly desirable Villages of Cypress Lakes! Designed with both comfort and functionality in mind, this home features an open-concept floor plan with an oversized living area that’s perfect for entertaining or relaxing with family. The spacious kitchen flows seamlessly into the main living and dining areas. Upstairs, you’ll find all three bedrooms, along with a large game room that provides the perfect space for a media or playroom. Step outside and enjoy everything this vibrant community has to offer, including walking trails, a neighborhood pool, splash pad, and parks. Highly sought-after schools, this home combines an exceptional location with outstanding amenities. Conveniently situated with easy access to Grand Parkway (99). You’ll also be just minutes from Houston Methodist, Memorial Hermann, and HCA hospital systems, as well as shopping, dining, and the Houston Premium Outlets.

Investor Tools

Property Icon
$284,000
Estimated Property Value
$177,900Estimated Mortgage Balance
$124,035Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

Interested in this property?

Heather Trejo

JLA Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$253/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,618
$275,740
2025
$53,946
$221,794
$275,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,618
$275,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$177,900
Yes
First
May 21, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,965
$124,035
43%
56%
$1,067/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$1,417/mo
+$1,373/mo
11.8%

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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15518 Elm Leaf Pl | Property Details | No Agent List