$700,000
18240 Fenske Road, Cypress, TX, 77433
On Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesElectric Oven, Microwave, Electric Range, Cooktop
Exterior
Lot Size1 acre
Building Information
Year Built1976
Garage Spaces2
Land Information
APN0420830000005
Land UseResidential
Legal DescriptionPT TRS 2A & 2B (HOMESITE) ABST 226 J DUCKWORTH
Census Tract554406
Assessed Land Value$217,800
Assessed Improvement Value$278,601
Assessment Year2025
About this property
Discover this expansive Cypress, Texas estate, with NO HOA offering over 2 acres of land and a spacious home designed for comfort and versatility. The property features four large bedrooms and four full baths, including a handicap-accessible bathroom connected to a generous flex area perfect for a game room, office, or additional living space. With abundant room both inside and out, this home provides endless possibilities for relaxation, recreation, and future growth—all in a peaceful, sought-after location with plenty of land to make your own.
Investor Tools
$311,069Estimated Mortgage Balance
$430,931Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,452 /month
Positive
Cash Flow Estimate:
$1,484 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$622/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,754
$496,401
2025
$217,800
$278,601
$496,401
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,754
$496,401
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$340,000
No
First
Dec 9, 2021
Jan 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,069
$430,931
58%
42%
$2,039/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$2,039/mo
+$1,211/mo
5.3%
