Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$315,000

NAL Estimated Property Value

15518 Forest Creek Farms Drive, Cypress, TX, 77429

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,448 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.68 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size5,637 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1262880020038
Lot Number38
SubdivisionForest Creek Farms
Land UseResidential
Legal DescriptionLT 38 BLK 2 FOREST CREEK FARMS
Census Tract554501
Assessed Land Value$59,236
Assessed Improvement Value$269,907
Assessment Year2025

About this property

Welcome to Forest Creek Farms! This spacious 2-story home offers 2,646 square feet of comfortable living space with 3 bedrooms, 2.5 bathrooms, and a versatile upstairs gameroom. The first-floor primary suite features double sinks, a separate shower, and soaking tub, creating a private retreat. The open living area showcases a gas fireplace and flows seamlessly into the kitchen and dining space, making it ideal for entertaining. Additional highlights include tile and carpet flooring, ceiling fans, in-house utility room, gas range, gas oven, and a 2-car attached garage. Enjoy outdoor living in the fully fenced backyard with patio area. Located in the highly acclaimed Cypress-Fairbanks ISD with convenient access to shopping, dining, parks, and major commuter routes. Great opportunity for homeowners seeking space, functionality, and value in Cypress.

Investor Tools

Property Icon
$340,000
Estimated Property Value
$286,189Estimated Mortgage Balance
$53,811Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$465/month
$790/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,884
$329,143
2025
$59,236
$269,907
$329,143
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,884
$329,143

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trident Realty Investments Llc
Commercial
$290,000
No
First
Sep 25, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,189
$53,811
15%
84%
$1,739/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$2,529/mo
$-369/mo
7.6%

City: Cypress

15518 Forest Creek Farms Drive | Property Details | No Agent List