$389,000
NAL Estimated Property Value18218 Olive Tree Ct, Cypress, TX, 77429
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile
Exterior
Lot Size6,164 sqft
Building Information
Year Built2003
Garage Spaces2
Land Information
APN1234210030031
Lot Number31
SubdivisionVillages Of Cypress Lakes Amend
Land UseResidential
Legal DescriptionLT 31 BLK 3 VILLAGES OF CYPRESS LAKES SEC 2 AMEND
Census Tract554405
Assessed Land Value$64,993
Assessed Improvement Value$293,438
Assessment Year2025
About this property
Grand 4 bedroom with bonus room , huge game room and 2019 HEATED POOL!! with rock waterfall, sunning deck, self cleaning floor jets and UV water sanitizer. Formal dining and kitchen with island and open to the living area perfect for being together. Central gas fire place in living room. Spacious primary bedroom with views of the pool. Massive game room upstairs with laminate wood floors and nice size secondary bedrooms. Easy access to 290 and shopping/Dinning. Bonus room downstairs with barn door.
Investor Tools
$389,000
Estimated Property Value
$228,106Estimated Mortgage Balance
$160,894Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
$450/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,266
$358,431
2025
$64,993
$293,438
$358,431
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,266
$358,431
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Conventional
$255,200
No
First
Nov 13, 2020
Dec 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,106
$130,325
36%
59%
$1,531/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$1,981/mo
+$809/mo
8.6%
