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B+
NoAgentList RatingHow are grades calculated? Info

$281,000

18234 Fair Grange Ln, Cypress, TX, 77433

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,617 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.52 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size5,306 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1277830020004
Lot Number4
SubdivisionWestgate
Land UseResidential
Legal DescriptionLT 4 BLK 2 WESTGATE SEC 11
Census Tract543008
Assessed Land Value$51,608
Assessed Improvement Value$184,486
Assessment Year2025

About this property

Tastefully updated 3/2/2 ready for move-in. Modern and functional plan, 3 Bedroom, 2 Bath with an additional Study / Flex Space/ 4th Bedroom. The living room flows into the kitchen and dining area which are open to the living room. The En Suite Bedroom has an updated bath with a walk-in shower, and a walk-in closet. Out back you will find a large covered patio for outdoor entertaining. Too many upgrades to list. View the 3-D virtual tour, then schedule a private showing today!

Investor Tools

Property Icon
$281,000
Estimated Property Value
$180,000Estimated Mortgage Balance
$116,626Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,686 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
$635/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,536
$236,094
2025
$51,608
$184,486
$236,094
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,536
$236,094

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$180,000
No
First
Oct 18, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,374
$100,626
37%
58%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$1,715/mo
+$805/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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18234 Fair Grange Ln | Property Details | No Agent List