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B+
NoAgentList RatingHow are grades calculated?Info

$315,000

NAL Estimated Property Value

18514 Carousel Creek Ct, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,371 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.07 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Dishwasher, Oven
FlooringCarpet, Laminate

Exterior

Lot Size5,275 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN1248480030044
Lot Number44
SubdivisionVillages Of Cypress Lakes
Land UseResidential
Legal DescriptionLT 44 BLK 3 VILLAGES OF CYPRESS LAKES SEC 7
Census Tract554405
Assessed Land Value$54,490
Assessed Improvement Value$247,998
Assessment Year2025

About this property

NEW ROOF! Welcome home to 18514 Carousel Creek Ct. This charming two-story home features 4 spacious bedrooms and 2.5 baths with a classic brick and siding exterior, offering both durability and curb appeal. Situated on a cul-de-sac lot, the home includes a two-car garage, a spacious driveway and mature trees. Inside, the home offers a warm and welcoming atmosphere with ample living space. The open-concept design seamlessly connects the living room, kitchen, and dining areas, making it perfect for both everyday living and entertaining. Large windows allow natural light to fill the space, enhancing its airy feel. The living room features a cozy fireplace, while the kitchen boasts stainless steel appliances, granite countertops, and ample cabinet storage. This home offers ample room for comfortable living. Home is located in the highly sought after CFISD school district. This is a must-see!

Investor Tools

Property Icon
$315,000
Estimated Property Value
$313,494Estimated Mortgage Balance
$1,506Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$278/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,755
$302,488
2025
$54,490
$247,998
$302,488
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,755
$302,488

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wolfe Financial Inc
Fha
$319,113
Yes
First
May 15, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$313,494
$506
0%
100%
$1,914/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,264/mo
+$526/mo
10.6%

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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18514 Carousel Creek Ct | Property Details | No Agent List