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$498,000

NAL Estimated Property Value

18718 Penn Farm Dr, Cypress, TX, 77433

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,466 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.62 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size6,800 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN1394630010007
Lot Number7
Land UseResidential
Legal DescriptionLT 7 BLK 1 BRIDGELAND PARKLAND VILLAGE SEC 10 R/P
Census Tract543004
Assessed Land Value$106,111
Assessed Improvement Value$360,889
Assessment Year2025

About this property

Don't miss out on the opportunity to call this property home where modern elegance meets functional design in the heart of Bridgeland. Upon entering, you'll be greeted by a light and airy atmosphere with neutral color palettes and an abundance of windows that invite natural light. The layout provides a perfect backdrop for hosting gatherings and dinner parties, seamlessly flowing from the kitchen to the dining and living spaces. The kitchen features stainless steel appliances, stunning quartz countertops, and a massive, curved center island. The primary suite bathroom features a double sink quartz vanity and a shower with convenient sitting bench. Two secondary bedrooms are connected by a Jack and Jill style bathroom. The generous-sized laundry room offers room for an extra fridge and includes a storage closet for added convenience. A versatile bonus room with private patio awaits your personal touch, whether you envision it as a game room, office, media room, or children's retreat.

Investor Tools

Property Icon
$498,000
Estimated Property Value
$394,021Estimated Mortgage Balance
$103,979Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,988 /month
Positive
Cash Flow Estimate:
$996 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
$1,230/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,833
$467,000
2025
$106,111
$360,889
$467,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,833
$467,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Fha
$420,597
Yes
First
Dec 2, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,021
$107,979
21%
79%
$2,522/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$3,752/mo
$-1,232/mo
6.1%

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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18718 Penn Farm Dr | Property Details | No Agent List