39Days on Market

1view

$588,000

$599,000

20403 Corbin Creek Dr, Cypress, TX, 77433

$592,360 ARV

On Market

Price Drop

4 Beds

3 Bath

3,308 Sq Ft

Single Family Residence

$177.75 / sqft

Built in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Range, Dishwasher

FlooringCarpet, Laminate, Tile

Exterior

Lot Size11,565 sqft

Building Information

Year Built2017

Garage Spaces2

Land Information

APN1371600010001

Lot Number1

Land UseResidential

Legal DescriptionLT 1 BLK 1 FALL AT DRY CREEK SEC 2

Census Tract555701

Assessed Land Value$113,740

Assessed Improvement Value$465,880

Assessment Year2025

About this property

Breathtakingly, stunning 1 & 1/2 story home. Modern elegance at its finest, located in a desirable and upscale neighborhood. Home features 4 bedrooms, 3-1/2 bathrooms. Upon your entrance is a large foyer; a large study room on the right. The open floor plan seamlessly integrates the gourmet kitchen is a chef's delight, granite countertops, stainless steel Energy Star appliances, & ample cabinet space with a walk-in pantry. ALL bedrooms on 1st floor. The dining room, accented with modern is ideal for gatherings perfect for preparing family meals or hosting guests. Upstairs, you'll find a versatile game room and a large media room to enjoy your family bonding time. Recent GENERATIOR for whole house, HVAC UV LIGHT to help fight allergies, Water Filter, and a wall SafeBox. Outside enjoy the serene backyard oasis with covered patio & space for a pool. Conveniently located near freeways, OUT LET MALL, fine dinings, and entertainment area. Come to create lasting memories!

Investor Tools

$598,000

Estimated Property Value

$312,000Estimated Mortgage Balance

$323,656Estimated Equity

48% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$592,359

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,588 /month

Positive

Cash Flow Estimate:

$1,196 /month

Interested in this property?

Katherine Le

1 - Connect Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$618/month

$1,005/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,422

$579,620

2025

$113,740

$465,880

$579,620

Tax History

Year

Tax Paid

Assessed Value

2024

$4,422

$579,620

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cmg Mortgage Inc

Conventional

$312,000

First

May 1, 2020

Jun 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$274,917

$323,083

54%

46%

$1,871/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,250/mo

$2,876/mo

+$374/mo

6.5%

Learn About the Market: Opportunity in Texas

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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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