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$698,000

NAL Estimated Property Value

18306 Kitzman Rd, Cypress, TX, 77429

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,430 Sq Ft
price_per_sqft$201.6 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Free-Standing Range, Gas Cooktop, Dishwasher, Washer
FlooringTile, Wood

Exterior

Lot Size2.01 acres

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN0420830010014
Land UseResidential
Legal DescriptionTR 14 R/S TRS 14 15 & 19 THRU 23 ABST 226 J DUCKWORTH
Census Tract554501
Assessed Land Value$192,000
Assessed Improvement Value$367,512
Assessment Year2025

About this property

GREAT ONE STORY RANCH HOME ON TWO BEAUTIFUL ACRES IN CYPRESS WOOD ESTATES. FRESHLY REMODELED AND UPDATED THROUGHOUT. THIS SPACIOUS OPEN FLOOR PLAN HAS AN ISLAND KITCHEN, FEATURING A NEW 36 INCH STAINLESS STEEL WOLF GAS RANGE AND ABOVE VENT HOOD.THERE IS A OVERSIZED KITCHEN AID REFRIGERATOR AND ALSO A WASHER AND DRYER THAT IS INCLUDED.COFFERED AND RAISED CEILINGS, PLUS LOTS OF LED CAN LIGHTING THROUGHOUT. THIS SPACIOUS PRIMARY BEDROOM HAS TWO LARGE WALK IN, CLOSETS WITH GREAT BUILTIN STORAGE AND LOTS OF HANGING SPACE.THE PRIMARY BATH ROOM HAS DOUBLE VANITY SINKS, A LARGE WALKIN BARN DOOR FRAMELESS GLASS SHOWER DOOR. THERE IS A LARGE POND WITH A FOUNTAIN AND TWO ACRES WITH ENOUGH ROOM FOR A LARGE BARN OR METAL BUILDING, MAKING PLENTY OF STORAGE FOR A BOAT OR A RV. THE SELLER RECENTLY REPLACED THE ROOF WITH A 30 YR SHINGLE.THIS HOME PREVIOUSLY FLOODED, BUT WAS FULLY REMEDIATED AND HAS A CURRENT FLOOD INSURANCE POLICY. PLEASE GO ONLINE TO LITTLE CYPRESS CREEK FRONTIER PROJECT.

Investor Tools

Property Icon
$698,000
Estimated Property Value
$381,346Estimated Mortgage Balance
$316,654Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,188 /month
Positive
Cash Flow Estimate:
$1,396 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$584/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,523
$559,512
2025
$192,000
$367,512
$559,512
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,523
$559,512

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$427,500
No
First
Oct 5, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$381,346
$297,654
43%
55%
$2,564/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$3,214/mo
$-424/mo
4.8%

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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18306 Kitzman Rd | Property Details | No Agent List