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$299,000

8218 Almera Falls Drive, Cypress, TX, 77433

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,571 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.3 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size4,726 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN1298330030005
Lot Number5
SubdivisionVillas At Canyon Lakes West
Land UseResidential
Legal DescriptionLT 5 BLK 3 VILLAS AT CANYON LAKES WEST SEC 1
Census Tract543006
Assessed Land Value$53,264
Assessed Improvement Value$280,790
Assessment Year2025

About this property

Large, inviting home in Cypress featuring one of the few private pools in the neighborhood—perfect for relaxing or entertaining. Enjoy outdoor living year-round under the covered back patio. Inside, the home offers stainless steel appliances, a gas range, and includes a refrigerator, washer, and dryer for added convenience. The spacious primary suite is located downstairs with a large bathroom featuring a soaking tub, separate shower, and an oversized walk-in closet. Plantation shutters enhance the downstairs living spaces, along with upgraded flooring in the living and dining areas and granite countertops in the kitchen. Upstairs boasts a huge game room and generously sized secondary bedrooms. Located in a quiet, walkable neighborhood with access to highly rated schools, this home combines comfort, style, and functionality.

Investor Tools

$117,299Estimated Mortgage Balance
$216,755Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,004 /month
Positive
Cash Flow Estimate:
$668 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
$1,650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,023
$334,054
2025
$53,264
$280,790
$334,054
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,023
$334,054

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$128,450
No
First
Nov 3, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,299
$216,755
64%
35%
$771/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$2,421/mo
+$829/mo
11.7%

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.

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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