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$268,000

NAL Estimated Property Value

18323 Grove Brook Ln, Cypress, TX, 77429

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,526 Sq Ft
price_per_sqft$163.83 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerMove-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, Microwave, Gas Range, Dishwasher, Cooktop
FlooringLaminate, Tile

Exterior

Lot Size4,813 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1234200060012
Lot Number12
SubdivisionVillages Of Cypress Lakes Amend
Land UseResidential
Legal DescriptionLT 12 BLK 6 VILLAGES OF CYPRESS LAKES SEC 1 AMEND
Census Tract554405
Assessed Land Value$53,964
Assessed Improvement Value$180,112
Assessment Year2025

About this property

Immaculate, updated, move-in ready 1-story home with 3 bedrooms & 2 bathrooms. Updated, island kitchen has granite counters, new appliances & wood-look tiled floors. Huge pantry. Dining area off kitchen has glass sliding door to side patio. There are no carpets - laminate wood & tile floors throughout. Large living room 21x14. Ceiling fans in all bedrooms. Master bedroom extension could be used as a private study or sitting area. Primary bathroom has double sinks, spa garden tub & separate shower. It has been beautifully updated with frameless shower glass, tiling & large shower head. Large walk-in master closet with built-ins. Whole house water softener included.

Investor Tools

Property Icon
$268,000
Estimated Property Value
$187,340Estimated Mortgage Balance
$80,660Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$274/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,951
$234,076
2025
$53,964
$180,112
$234,076
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,951
$234,076

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top One Mortgage
Conventional
$202,500
No
First
May 6, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,340
$74,660
28%
70%
$1,215/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,565/mo
+$595/mo
9.7%

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.

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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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18323 Grove Brook Ln | Property Details | No Agent List