Street View

B+

NoAgentList RatingHow are grades calculated?

2view

Owner Contacts

$297,000

16114 Cypress Trace Dr, TX, 77429

Off Market

3 Beds

2 Bath

1,864 Sq Ft

Single Family Residence

$158.15 / sqft

Built in 1997

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Ice Maker, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator

FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,200 sqft

Building Information

Year Built1997

Stories1

Garage Spaces2

Land Information

APN1151030020104

Lot Number104

SubdivisionCypress Point

Land UseResidential

Legal DescriptionLT 104 BLK 2 CYPRESS POINT SEC 2

Census Tract554408

Assessed Land Value$59,508

Assessed Improvement Value$226,347

Assessment Year2025

About this property

THIS "HARD TO FIND" ONE STORY BEAUTY IS THE ONE THAT YOU HAVE BEEN WAITING FOR! THIS PRISTINE PROPERTY IS ABSOLUTE PERFECTION W ITS 3 SPACIOUS BEDROOMS PLUS A FRONT STUDY THAT COULD ALSO BE A 4TH BEDROOM DUE TO THE ADDED CLOSET*SITUATED IN THE HEART OF CYPRESS CLOSE TO AWARD WINNING CY-FAIR SCHOOLS W EXCELLENT SHOPPING & DINING NEARBY*THE SELLERS LOVINGLY CARED FOR THIS HOME & IT SHOWS W ITS HIGH END LAMINATE FLOORING THROUGHOUT AS WELL AS THE PORCELAIN TILE FLOORING FOUND IN THE MAIN LIVING AREAS*AC COMPRESSOR (2023) ENERGY SAVING TANKLESS HWH (2018) THE DESIGNER PAINT & CROWN MOLDING ADD TO THE APPEAL & FLOW OF THE HOME*THE KITCHEN BOASTS LEVEL 5 GRANITE COUNTERS*SS APPLIANCES W THE SS REFRIGERATOR INCLUDED*PRIMARY BATH IS COMPLETE W JETTED TUB & SEPARATE GLASS SHOWER W DESIGNER TILE ACCENTS*YOU WILL SPEND MANY EVENINGS ENJOYING YOUR LOVELY BACKYARD OASIS W YOUR COVERED PERGOLA AND STONE SITTING AREA*THIS BEAUTY HAS IT ALL & IS READY & WAITING FOR YOU TO CALL YOUR OWN!!!

Investor Tools

$297,000

Estimated Property Value

$289,656Estimated Mortgage Balance

$18,205Estimated Equity

2% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,782 /month

Positive

Cash Flow Estimate:

$594 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$128/month

$650/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$52

$285,855

2025

$59,508

$226,347

$285,855

Tax History

Year

Tax Paid

Assessed Value

2024

$52

$285,855

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Fha

$289,656

Yes

First

Apr 29, 2024

May 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$278,795

$20,205

94%

$1,737/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,160/mo

$2,387/mo

$-227/mo

8.7%

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.

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