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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%

City: Cypress

18550 Central Creek Dr | Property Details | No Agent List