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$247,000

NAL Estimated Property Value

16031 Bishops Cap Way, Cypress, TX, 77429

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,588 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.61 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringVinyl

Exterior

Exterior FeaturesPlayground
Lot Size4,948 sqft

Building Information

Year Built2024
Garage Spaces1

Land Information

APN1423610040002
Lot Number2
Land UseResidential Single Family
Legal DescriptionLT 2 BLK 4 MEADOWS AT TELGE SEC 1
Census Tract554501
Assessed Land Value$42,471
Assessed Improvement Value$176,308
Assessment Year2025

About this property

Welcome to this brand-new construction single-family home in the new rental community of SkyMor Cypress. The Cloverstone 3 bedroom/2 bath plan features an open-concept layout with modern finishes and a fresh, stylish design. Kitchen offers large island with bar seating, high-end appliances, and beautiful quartz countertops. Spacious primary bedroom with en suite. Luxury vinyl plank flooring throughout. Refrigerator, washer and dryer are provided. Enjoy outdoor living with a large covered back patio and fully fenced-in backyard- perfect for pets, kids, or simply unwinding after a long day. As part of this new rental home community, you’ll also have access to a variety of amenities, including a clubhouse, pool, playground and dog park, all designed to give you neighborhood living while leasing. Located on Telge, just minutes from 99, this home offers the perfect balance of privacy and convenience. Zoned to CyFair ISD. Be the first to live in this exceptional home – schedule a tour today!

Investor Tools

Property Icon
$247,000
Estimated Property Value
$0Estimated Mortgage Balance
$247,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,482 /month
Positive
Cash Flow Estimate:
$494 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$154/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$610
$218,779
2025
$42,471
$176,308
$218,779
No

Tax History

Year
Tax Paid
Assessed Value
2024
$610
$218,779

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$250,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
N/A
+$2,160/mo
10.5%

City: Cypress

16031 Bishops Cap Way | Property Details | No Agent List