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$527,000

NAL Estimated Property Value

11607 Melody Gdn, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,441 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.1 / sqft
Year BuiltBuilt in 1998

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
AppliancesDisposal, Gas Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen, Balcony
Lot Size8,999 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN1192640010009
Lot Number9
SubdivisionLongwood Village
Land UseResidential
Legal DescriptionLT 9 BLK 1 LONGWOOD VILLAGE SEC 15
Census Tract554502
Assessed Land Value$96,849
Assessed Improvement Value$414,562
Assessment Year2025

About this property

Immaculate traditional home in highly sought after neighborhood in Cypress! Long driveway leads to detached garage that allows for additional parking. Just off the main entrance you will find an oversized home office with built-in shelving for plenty of storage and organization. The dining room includes crown molding and allows for additional seating when gathering or socializing. Top of the line stainless steel appliances and a spacious island complete this kitchen and breakfast nook. Living area is finished with soaring ceilings that allows for plenty of natural light, a cozy fireplace, and balcony view of the upstairs loft. Downstairs primary bedroom includes a stunning master en suite with a jetted tub and stand up shower. Upstairs you are welcomed by a flex room with custom shelving and two secondary bedrooms. This backyard is a true oasis with a covered outdoor grill and a heated in-ground pool and spa that can be enjoyed all year round! Don't miss the chance to view this home!!

Investor Tools

Property Icon
$527,000
Estimated Property Value
$429,401Estimated Mortgage Balance
$97,599Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$556/month
$1,070/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,040
$511,411
2025
$96,849
$414,562
$511,411
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,040
$511,411

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$450,400
No
First
Feb 16, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$429,401
$110,599
20%
81%
$2,558/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$3,628/mo
$-838/mo
6.4%

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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11607 Melody Gdn | Property Details | No Agent List