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$285,000

15827 Parmley Creek Ct, Cypress, TX, 77429

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,629 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.95 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Lot Size5,297 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1262880030090
Lot Number90
SubdivisionForest Creek Farms
Land UseResidential
Legal DescriptionLT 90 BLK 3 FOREST CREEK FARMS
Census Tract554501
Assessed Land Value$58,852
Assessed Improvement Value$215,052
Assessment Year2025

About this property

Discover the charm of Forest Creek Farms in this beautifully updated home situated on a cul-de-sac street with no rear neighbors. The backyard borders privately owned land, creating an open and private setting. A formal dining room with French doors welcomes you at the entrance. The kitchen features granite countertops, an island and breakfast area, opening to the living room with fireplace. The primary suite offers high ceilings, natural light, soaking tub and recently updated shower. 2026 improvements include fresh interior paint, recessed/dimmable lighting, updated security system, smart garage door openers with myQ phone access, and a new backyard gate. Additional features include no carpet, tile flooring in main living areas, wood-look ceramic tile in the dining room, bedrooms and closets, plus a 6-inch seamless gutter system. Enjoy the community pool and clubhouse. Come see this thoughtfully updated home and experience its open, private setting for yourself.

Investor Tools

$91,835Estimated Mortgage Balance
$182,069Estimated Equity
66% 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

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Stephanie Castillo

Better Homes and Gardens Real Estate Gary Greene - Sugar Land

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
$573/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,220
$273,904
2025
$58,852
$215,052
$273,904
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,220
$273,904

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Conventional
$100,000
No
First
Apr 20, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$91,835
$182,069
66%
34%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,173/mo
+$987/mo
9.5%

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.

Explore Texas Explore This Area
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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15827 Parmley Creek Ct | Property Details | No Agent List