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$310,000

NAL Estimated Property Value

18019 Iris Edge Way, Cypress, TX, 77429

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,443 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.18 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,049 sqft

Building Information

Year Built2007
Garage Spaces1

Land Information

APN1288820020015
Lot Number15
SubdivisionOakcrest North
Land UseResidential
Legal DescriptionLT 15 BLK 2 OAKCREST NORTH SEC 3
Census Tract555503
Assessed Land Value$51,799
Assessed Improvement Value$192,731
Assessment Year2025

About this property

Welcome to 18019 Iris Edge Way, located in the sought-after Oakcrest North community. This beautifully maintained 3-bedroom, 2-bathroom home sits on a quiet cul-de-sac lot with easy access to major freeways, shopping, and dining. Inside, you'll find a bright, open-concept layout with a spacious living area that flows seamlessly into the kitchen—perfect for everyday living and entertaining. The primary suite features a generous layout with two walk-in closets and a private ensuite bath. Two additional bedrooms are conveniently located near a full guest bathroom. Step outside to a private backyard retreat featuring a covered patio, charming gazebo, and storage shed. Major updates include a roof replacement in 2019, A/C unit in 2020, and water heater in 2021. This move-in ready home is a must-see!

Investor Tools

Property Icon
$310,000
Estimated Property Value
$227,081Estimated Mortgage Balance
$82,919Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
$795/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,950
$244,530
2025
$51,799
$192,731
$244,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,950
$244,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$290,617
Yes
First
Feb 24, 2016
Mar 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,081
$63,919
21%
73%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$795/mo
+$1,365/mo
8.4%

City: Cypress

18019 Iris Edge Way | Property Details | No Agent List