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$475,900

18718 Fairmont Springs Court, Cypress, TX, 77429

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths3,449 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.98 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,730 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1358100010053
Lot Number53
Land UseResidential
Legal DescriptionLT 53 BLK 1 VILLAGES OF CYPRESS LAKES SEC 29
Census Tract554405
Assessed Land Value$65,591
Assessed Improvement Value$410,293
Assessment Year2025

About this property

Beautifully updated 5-bedroom home tucked away on a quiet cul-de-sac in the gated Villages of Cypress Lakes. Fresh interior paint and durable LVP flooring (2023) give the home a modern, move-in-ready feel. The spacious kitchen opens to the living area and features granite countertops, SS appliances, an island, and a new faucet. A flexible space off the kitchen can be used as a breakfast area or home office, while the adjacent room offers the option of a formal living room or formal dining room. The primary suite is located on the first floor with a spa-like bath and two walk-in closets. Upstairs includes generous secondary bedrooms and a game room. Enjoy the extended covered patio (2023) and an oversized garage for extra storage. Zoned to Cy-Fair ISD with easy access to shopping, dining, and major roadways. This home offers the space, updates, and you’re looking for.

Investor Tools

$400,288Estimated Mortgage Balance
$75,596Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,855 /month
Positive
Cash Flow Estimate:
$952 /month

Interested in this property?

Ryan Adams

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$458/month
$1,360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,114
$475,884
2025
$65,591
$410,293
$475,884
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,114
$475,884

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$428,041
Yes
First
Dec 22, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$400,288
$75,596
15%
84%
$2,567/mo

City: Cypress