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$394,000

NAL Estimated Property Value

18550 Central Creek Dr, Cypress, TX, 77433

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,744 Sq Ft
price_per_sqft$196.22 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,528 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN1394280010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 BRIDGELAND LAKELAND HEIGHTS SEC 7
Census Tract543007
Assessed Land Value$70,987
Assessed Improvement Value$307,325
Assessment Year2025

About this property

Gorgeous 3 bedroom, 2 bathroom, single story home featuring a detached 2-car garage! Upon entering this home is the formal dining/living area, the kitchen, boasting granite countertops, stainless steel appliances, a breakfast bar island and a breakfast nook, open to the living room with a fireplace. The primary bedroom is at the back of the home including the primary bathroom with dual sinks, a large walk in shower and a walk-in closet. The two secondary bedrooms, secondary bathroom and laundry room make up the rest of the home while the backyard offers a covered patio as well as access to the detached garage. This home is in proximity to TX-99 and US-290!

Investor Tools

Property Icon
$394,000
Estimated Property Value
$157,525Estimated Mortgage Balance
$236,475Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,364 /month
Positive
Cash Flow Estimate:
$788 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,274
$378,312
2025
$70,987
$307,325
$378,312
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,274
$378,312

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Change Lending Llc
Conventional
$172,500
No
First
Oct 27, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,525
$228,475
59%
40%
$1,035/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$1,785/mo
+$735/mo
7.7%

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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18550 Central Creek Dr | Property Details | No Agent List