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$510,000

NAL Estimated Property Value

18738 Penn Farm Drive, Cypress, TX, 77433

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.76 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Lot Size7,383 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN1394630010002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 1 BRIDGELAND PARKLAND VILLAGE SEC 10 R/P
Census Tract543004
Assessed Land Value$107,060
Assessed Improvement Value$375,262
Assessment Year2025

About this property

Welcome home! This gorgeous, open concept Trendmaker home on a quiet cul-de-sac street will feel like home the minute you step inside. This home is loaded with features and upgrades including: rich hardwood flooring in the main living areas and Kitchen; spacious Kitchen with huge island, pendant lighting, custom backsplash, stainless steel gas appliances and undercabinet lighting; open Dining Room with soaring, wood beamed ceilings; large Family Room with gaslog fireplace; executive Study tucked away in the back of the main floor; enormous Primary Bedroom with tray ceiling; Primary Bath with large shower, sky lights and roomy closet; 1 secondary Bedroom down and 1 up- each with their own Bathroom adjacent to the room; huge closets; custom enclosed back patio with plantation shutters that can fold back; smart home features; remote controlled electric custom window shades; plantation shutters; 8 foot doors and more! Enjoy the immense amenities that Bridgeland has to offer!

Investor Tools

Property Icon
$510,000
Estimated Property Value
$343,701Estimated Mortgage Balance
$166,299Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
$1,197/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,010
$482,322
2025
$107,060
$375,262
$482,322
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,010
$482,322

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Conventional
$380,000
No
First
May 17, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,701
$166,299
32%
67%
$2,279/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$3,476/mo
$-956/mo
5.9%

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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18738 Penn Farm Drive | Property Details | No Agent List