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$293,440

NAL Estimated Property Value

16115 Indian Cypress Dr, TX, 77429

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,813 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.47 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,200 sqft

Building Information

Year Built1992
Stories1
Garage Spaces2

Land Information

APN1151030020015
Lot Number15
SubdivisionCypress Point
Land UseResidential
Legal DescriptionLT 15 BLK 2 CYPRESS POINT SEC 2
Census Tract554408
Assessed Land Value$59,508
Assessed Improvement Value$233,932
Assessment Year2025

About this property

Welcome to 16115 Indian Cypress Dr, just listed in the highly desirable neighborhood of Cypress Point! This home boasts with upgrades and is bricked on all four sides. The notable features include a updated water heater, updated attic insulation, fully remodeled kitchen with new cabinets, quartz countertops, soft closing drawers, pots and pans drawers, no carpet in the entire home, 18ft x 16ft outdoor covered patio featuring vaulted ceilings and outdoor fans, new flooring at the entryway, kitchen, and primary bathroom, updated primary bathroom featuring a new vanity and quartz countertops, painted interior walls, formal dining area located off of the entryway of the home and living room, upgraded gas log fireplace in the living room with a mantel and accent wall tile, and the lot is surrounded by mature trees allowing for privacy and cooler temperatures. Cypress Point offers its residents many amenities - a pool, clubhouse for rental and a park!

Investor Tools

Property Icon
$293,440
Estimated Property Value
$202,780Estimated Mortgage Balance
$90,660Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
$630/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,530
$293,440
2025
$59,508
$233,932
$293,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,530
$293,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$210,000
No
First
Jun 11, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,780
$90,660
30%
69%
$1,260/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,890/mo
+$270/mo
8.8%

City: Cypress

16115 Indian Cypress Dr | Property Details | No Agent List