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$714,000

11131 Mayberry Heights Dr, Cypress, TX, 77433

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,445 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.19 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size12,223 sqft

Building Information

Year Built2016
Garage Spaces3

Land Information

APN1360350010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 TOWNE LAKE SEC 32
Census Tract543007
Assessed Land Value$131,538
Assessed Improvement Value$565,580
Assessment Year2025

About this property

A remarkable Drees Homes Palmetto plan which offers an expansive 4 bedroom, 3.5 bath, one-story with a 3 car across garage. The open concept living area offers a private study retreat with French doors (which is currently used as a home gym), a casual dining room that is perfect for entertaining & a gorgeous kitchen. The glass front ceiling height cabinetry, upgraded backsplash & top of the line stainless steel appliance package to name a few. A breakfast area or lounge space is located off of the kitchen & overlooks the backyard oasis. A great flex area is also located at the rear of the home & can serve as a playroom or media room. One bedroom suite is located at the front of the home, two off their own wing & the primary retreat in the back for ample privacy for all. The Texas sized patio looks over the oversized private lot that is adorned with a custom built river & waterfall. This home is located across from the lake, the sections private splash pad/park & a private boat marina.

Investor Tools

Property Icon
$714,000
Estimated Property Value
$647,200Estimated Mortgage Balance
$113,075Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,284 /month
Positive
Cash Flow Estimate:
$1,428 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$743/month
$1,699/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,343
$697,118
2025
$131,538
$565,580
$697,118
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,343
$697,118

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$647,200
No
First
Jul 23, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$600,925
$117,075
16%
84%
$3,881/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$5,580/mo
$-2,330/mo
5.5%

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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11131 Mayberry Heights Dr | Property Details | No Agent List