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$589,000

18315 Pedernales Springs Drive, Cypress, TX, 77433

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,163 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.22 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringVinyl

Exterior

Lot Size6,486 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1502700040020
Lot Number20
Land UseResidential
Legal DescriptionLT 20 BLK 4 TOWNE LAKE SEC 53
Census Tract543007
Assessed Land Value$84,685
Assessed Improvement Value$461,276
Assessment Year2025

About this property

Welcome home to this beautifully maintained 4-bedroom, 4.5-bath brick residence. Thoughtfully designed with two bedrooms on the first floor, a private home office, and an open-concept layout, this home offers both functionality and style. The chef-inspired kitchen features an oversized island with seating, granite countertops, stainless steel appliances, abundant cabinetry, and designer lighting, all overlooking the spacious living and dining areas with soaring ceilings and rich wood-look flooring. The luxurious primary suite offers a spa-like bath with dual vanities, a jetted soaking tub, and oversized walk-in shower. Upstairs, enjoy a large game room and additional bedrooms with en-suite baths. Step outside to a covered patio and expansive backyard with plenty of room for a future pool. Ideally located in a convenient section of Towne Lake near parks, walking trails, shopping, dining, and top-rated schools.

Investor Tools

$443,401Estimated Mortgage Balance
$111,599Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

Interested in this property?

Erica Brown

Texas Local Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$532/month
$2,184/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,606
$545,961
2025
$84,685
$461,276
$545,961
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,606
$545,961

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Priority Home Mortgage Lp
Fha
$350,544
Yes
First
May 26, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$443,401
$111,599
20%
80%
$2,877/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$5,061/mo
$-1,811/mo
7.0%

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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18315 Pedernales Springs Drive | Property Details | No Agent List