$297,580
NAL Estimated Property Value15722 Forest Creek Farms Dr, Cypress, TX, 77429
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile
Exterior
Lot Size5,637 sqft
Building Information
Year Built2009
Garage Spaces2
Land Information
APN1262880030097
Lot Number97
SubdivisionForest Creek Farms
Land UseResidential
Legal DescriptionLT 97 BLK 3 FOREST CREEK FARMS
Census Tract554501
Assessed Land Value$59,236
Assessed Improvement Value$238,344
Assessment Year2025
About this property
Amazing property for new owner now! Wonderful front porch, large kitchen with island and living room opened for entertaining family and friends. Gas fireplace with absolutely beautiful covered patio and mature landscape. Separate tub and shower in master with dual sinks. Vinyl wood floors, sprinkle system, corner lot on closed street and so much more! Sought after Cypress Fairbanks schools!!
Investor Tools
$297,580
Estimated Property Value
$249,246Estimated Mortgage Balance
$48,334Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$282/month
$448/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,900
$297,580
2025
$59,236
$238,344
$297,580
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,900
$297,580
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$250,331
No
First
Feb 10, 2026
Mar 2056
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,246
$48,334
16%
84%
$1,501/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,949/mo
+$211/mo
8.7%
