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$340,000

18215 Blake Valley Ln, Cypress, TX, 77429

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,808 Sq Ft
price_per_sqft$121.08 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5,502 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN1242430010018
Lot Number18
SubdivisionCypress Ridge
Land UseResidential
Legal DescriptionLT 18 BLK 1 CYPRESS RIDGE SEC 2
Census Tract554406
Assessed Land Value$54,747
Assessed Improvement Value$255,161
Assessment Year2025

About this property

Welcome to 18215 Blake Valley Lane, a spacious two-story home offering over 2,800 square feet of comfortable living. This 4-bedroom, 2.5-bath residence showcases a timeless brick exterior with impressive curb appeal, complemented by beautifully maintained community landscaping and manicured common areas. Inside, you'll find generous living spaces designed for both everyday living and entertaining. Enjoy an active lifestyle with nearby parks including Inwood Park, Cypress Park, and Fritsche Park, featuring playgrounds, walking trails, and open green spaces. Commuters will appreciate the convenient access to Highway 290, Highway 249, and the Grand Parkway, making travel throughout the Houston area quick and easy. Combining space, convenience, and an attractive neighborhood setting, this home is an excellent opportunity to enjoy all that the area has to offer.

Investor Tools

$74,146Estimated Mortgage Balance
$235,762Estimated Equity
76% 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?

Melanie Miller

Redfin Corporation

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$283/month
$320/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,846
$309,908
2025
$54,747
$255,161
$309,908
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,846
$309,908

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Shell Fcu
Stand Alone Second / Subordinate Position
$80,000
No
First
Sep 22, 2022
Oct 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$74,146
$235,762
76%
24%
$480/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$800/mo
+$1,990/mo
10.8%

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.

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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