
$495,000
NAL Estimated Property Value11827 Deepwater Ridge Way, Cypress, TX, 77433
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About this property
Looking for a home that has it all? Look no further because this is it! This one-of-a-kind, better than new single story home has been incredibly updated and features open concept living with 3 bedrooms, 2.5 baths, a large study currently used as a dining room, a flex space between the secondary bedrooms, and a large covered patio overlooking the sparkling saltwater pool and spa. This stunning kitchen features an oversized island with custom drawers, Quartz countertops, free standing double convection gas range, custom refrigerator cabinet, and walk-in pantry. Indoor and outdoor built in speakers make entertaining easy, whether inside or outside on the covered patio relaxing by the pool. Located in the award winning community of Towne Lake which offers a 300 acre private lake, boat docks & rentals, a marina, beaches, lazy river, pool, parks, and lake house. Minutes from Hwy 99 and 290 with countless shopping and dining options and zoned to Cy-Fair ISD schools.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Cypress
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