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$515,000

18415 Midnight Stone Ln, Cypress, TX, 77433

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,539 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.84 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringTile

Exterior

Lot Size5,397 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1461540010013
Lot Number13
Land UseResidential
Legal DescriptionLT 13 BLK 1 TOWNE LAKE SEC 65
Census Tract543007
Assessed Land Value$90,686
Assessed Improvement Value$410,194
Assessment Year2025

About this property

Welcome to 18415 Midnight Stone Lane in the highly desirable community of Towne Lake! This home boasts an expansive, open-concept living area with tons of natural light. The kitchen's standout features including a large island, granite countertops, gas stovetop, and stainless appliances. It overlooks the dining area which is perfect for family living as well as entertaining. The owner's suite offers a peaceful, relaxing retreat with an en suite bathroom. The office/study is flex space for the next project. A secondary bedroom and another full bath complete the downstairs. A spacious game room greets you at the top of the stairs. Additionally, there are two more bedrooms and a full bath. Enjoy the private back yard and patio for all the outdoor fun. The neighborhood amenities include the clubhouse, trails, pools, fitness center. and the farmer's market, among others. This beautiful home is conveniently located near abundant shopping and dining, and is zoned to top-rated Cy-Fair schools.

Investor Tools

Property Icon
$519,000
Estimated Property Value
$382,059Estimated Mortgage Balance
$153,068Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,114 /month
Positive
Cash Flow Estimate:
$1,038 /month

Interested in this property?

Patti Domingue

Heartland Real Estate Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
$2,189/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,836
$500,880
2025
$90,686
$410,194
$500,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,836
$500,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$382,059
Yes
First
Mar 27, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$365,932
$153,068
29%
71%
$2,291/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$4,480/mo
$-1,230/mo
7.5%

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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18415 Midnight Stone Ln | Property Details | No Agent List