








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Cypress at 15115 Honea Flat Ct, Cypress, TX, 77433 offers a 9.11% rental yield on a $365,000 purchase with $2,770/mo rent. Total monthly income registers $2,770/mo, and a $1,786/mo payment leaves $71/mo available for distribution. Annual cash flow reaches $849/yr on $120,998 to close, and return on cash invested stands at 20.61% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 108.19% and total cumulative return in cash at $130,903. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,770/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
5,135 sqft lot
$N/A/sqft
$1,250 annually HOA
Neighborhood data shown for ZIP Code: 77433, Cypress, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,531 (100%) |
| Owner Occupied HU | 35,404 (77.8%) |
| Renter Occupied HU | 7,715 (16.9%) |
| Vacant Housing Units | 2,412 ( 5.3%) |
| Median Home Value | $399,699 |
| Average Home Value | $445,853 |
Residential
41,894
Single Family
37,471
Multi-Family
4,423
Businesses
1,679
Date | Event | Price |
|---|---|---|
| 2024-12-04 | Listed for sale | $365,000 |
| 2024-10-13 | Listing removed | $369,000 |
| 2024-07-19 | Listed for sale | $369,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $179.70 | N/A | $353,797 | -4.60% |
| 2023-02-13 | N/A | N/A | $370,861 | 7.44% |
| 2022-02-13 | $218.37 | N/A | $345,164 | 322.88% |



What's Special
Radiant Attic Barrier
Listed by: Nicole Agnew • Real Broker, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #6714055
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