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$492,000

18838 Cove Pointe Dr, Cypress, TX, 77433

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,986 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.94 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Refrigerator, Dishwasher, Water Purifier
FlooringCarpet, Tile

Exterior

Lot Size6,347 sqft

Building Information

Year Built2012
Garage Spaces1

Land Information

APN1306230010007
Lot Number7
SubdivisionCove
Land UseResidential
Legal DescriptionLT 7 BLK 1 COVE SEC 4
Census Tract543004
Assessed Land Value$89,016
Assessed Improvement Value$377,814
Assessment Year2025

About this property

Welcome! This gorgeous home built in a master community with loads of activities for one to do. As you walk in you will have the private study room to your left, moving forward to Island kitchen with stainless steel appliances, dark wood cabinets, granite counter tops, and walk in pantry, The living room area is open to kitchen where you can easily entertain your guest. Moving to backyard, you have an extended covered back patio with iron fence around given direct access to a nice trail in back. Bedrooms- Master Room is downstairs! Upstairs- bedrooms, with one having an en-suite bathroom, also the grand game-room for entertainment space. A plus with property is the automatic sprinkler system and water filter system/water softener! Let's make this your home!

Investor Tools

Property Icon
$492,000
Estimated Property Value
$0Estimated Mortgage Balance
$492,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,952 /month
Positive
Cash Flow Estimate:
$984 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,564
$466,830
2025
$89,016
$377,814
$466,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,564
$466,830

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$484,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
N/A
+$3,250/mo
7.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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18838 Cove Pointe Dr | Property Details | No Agent List