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$750,000

16019 Ormonde Crossing Dr, Cypress, TX, 77429

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,213 Sq Ft
price_per_sqft$178.02 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size9,439 sqft

Building Information

Year Built2005
Garage Spaces3

Land Information

APN1235500040001
Lot Number1
SubdivisionColes Crossing
Land UseResidential
Legal DescriptionLT 1 BLK 4 COLES CROSSING SEC 26
Census Tract554409
Assessed Land Value$104,913
Assessed Improvement Value$497,940
Assessment Year2025

About this property

One of One! There is nothing like this Gorgeous, Spacious and Tastefully designed Home. This magnificent 4 bedroom, 3 Bath and a half, over 4000 square foot beauty is a Must See! Enjoy a custom built private bar just of the executive office suite. Then make your way to the most opulent custom designed closet suite you have ever seen! Filled with gorgeous updates and private game room that connects to a theater suite, this house has everything you could ever want! Resort style back yard Oasis for you and your family and friends to enjoy day and night and it HAS A GENERATOR! If you think that is a lot, wait to you see the custom designed garage floor for your favorite car to park. Again not overstating but only emphasizing this is something you don't want to miss out on! Make your apt today!!

Investor Tools

$400,806Estimated Mortgage Balance
$459,194Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,160 /month
Positive
Cash Flow Estimate:
$1,720 /month

Interested in this property?

George Merrill II

Berkshire Hathaway HomeServices Premier Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$679/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,852
$602,853
2025
$104,913
$497,940
$602,853
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,852
$602,853

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sprout Mortgage Llc
Conventional
$444,000
No
First
Jun 30, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$400,806
$459,194
53%
47%
$2,663/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,663/mo
+$127/mo
3.9%

City: Cypress

16019 Ormonde Crossing Dr | Property Details | No Agent List