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$381,109

NAL Estimated Property Value

16023 Cypress Farms Dr, TX, 77429

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,234 Sq Ft
price_per_sqft$153.09 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet

Exterior

Exterior FeaturesSprinkler System
Lot Size6,599 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1376810010006
Lot Number6
Land UseResidential
Legal DescriptionLT 6 BLK 1 STABLEWOOD COURT
Census Tract554408
Assessed Land Value$68,681
Assessed Improvement Value$312,428
Assessment Year2025

About this property

Welcome Home to 16023 Cypress Farms Dr! This beautifully maintained single-story gem offers 4 spacious bedrooms, 2 full baths, a formal dining room, and a versatile home office or game room. The open-concept layout seamlessly connects the living area to the dining room and chef-style kitchen, featuring granite countertops, stainless steel appliances, and a generous island with bar-style seating, which is ideal for entertaining or everyday living. The private primary suite is complete with brand-new carpet, spacious bath area with dual vanities, an oversized step-in shower, and a large walk-in closet. Additional highlights include all new carpeting throughout and fresh interior paint, giving the home a crisp, move-in ready feel. Ideally located just a short stroll from the community pool and park.

Investor Tools

Property Icon
$381,109
Estimated Property Value
$269,599Estimated Mortgage Balance
$111,510Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,287 /month
Positive
Cash Flow Estimate:
$762 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
$765/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,311
$381,109
2025
$68,681
$312,428
$381,109
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,311
$381,109

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$273,600
No
First
Jul 10, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,599
$111,510
29%
71%
$1,641/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,406/mo
+$384/mo
8.8%

City: Cypress

16023 Cypress Farms Dr | Property Details | No Agent List