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$460,000

NAL Estimated Property Value

18306 Summerland Lake Way, Cypress, TX, 77433

$521,033 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,407 Sq Ft
price_per_sqft$207.73 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesDock
Lot Size6,003 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1461530010022
Lot Number22
Land UseResidential
Legal DescriptionLT 22 BLK 1 TOWNE LAKE SEC 64
Census Tract543007
Assessed Land Value$91,730
Assessed Improvement Value$344,991
Assessment Year2025

About this property

Charming single-story home in the highly desirable Towne Lake master-planned community. Built by David Weekley Homes, this recent construction offers 4 bedrooms, 3 full baths, a private study, and a 2-car garage. The open-concept living, dining, and kitchen spaces are filled with natural light and overlook a private backyard. The spacious kitchen features abundant storage, generous prep space, and a striking oversized island. The study, with glass French doors, also functions beautifully as a game room or flex space. Notable upgrades include a wood-accent feature wall, contrasting painted island, custom window coverings, artificial turf, and a covered patio with gas line for grilling. Select furniture and accessories available separately.

Investor Tools

Property Icon
$460,000
Estimated Property Value
$333,636Estimated Mortgage Balance
$126,364Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$521,032
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$418/month
$2,184/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,713
$436,721
2025
$91,730
$344,991
$436,721
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,713
$436,721

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Grace Home Lending Llc
Conventional
$348,916
No
First
Dec 27, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,636
$126,364
27%
73%
$2,092/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$4,276/mo
$-1,026/mo
8.5%

City: Cypress

18306 Summerland Lake Way | Property Details | No Agent List