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$495,000

NAL Estimated Property Value

18611 Fairmont Springs Ct, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,832 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.62 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size6,599 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN1358100010018
Lot Number18
Land UseResidential
Legal DescriptionLT 18 BLK 1 VILLAGES OF CYPRESS LAKES SEC 29
Census Tract554405
Assessed Land Value$78,543
Assessed Improvement Value$385,107
Assessment Year2025

About this property

Welcome home to 18611 Fairmont Springs Ct, a stunning 1.5 story retreat located in the exclusive gated section of The Reserve at Villages of Cypress Lakes. This exquisite home offers the perfect blend of privacy and scenery, featuring a premium waterfront lot with sweeping lake views. Inside, you are greeted by soaring high ceilings and an open-concept layout designed for modern living. The gourmet kitchen boasts granite countertops, a massive island, and stainless steel appliances, flowing seamlessly into a spacious living area anchored by a cozy stone fireplace—all overlooking the water. FURNITURE STAY WITH PROPERTY, Excluded Washer/ Dryer.

Investor Tools

Property Icon
$495,000
Estimated Property Value
$397,250Estimated Mortgage Balance
$97,750Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$478/month
$1,400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,266
$463,650
2025
$78,543
$385,107
$463,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,266
$463,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Conventional
$398,399
No
First
Mar 4, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,250
$96,750
19%
80%
$2,389/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$3,789/mo
$-999/mo
6.8%

City: Cypress

18611 Fairmont Springs Ct | Property Details | No Agent List