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B+
NoAgentList RatingHow are grades calculated? Info

$308,000

16123 Barngate Ct, Cypress, TX, 77429

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,148 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.35 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,634 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1234920030017
Lot Number17
SubdivisionStablewood Farms
Land UseResidential
Legal DescriptionLT 17 BLK 3 STABLEWOOD FARMS SEC 2
Census Tract554408
Assessed Land Value$68,715
Assessed Improvement Value$218,752
Assessment Year2025

About this property

Beautifully maintained 1 story, 3 bedroom home ideally situated on a quiet cul-de-sac street in the peaceful Stablewood Farms community. Impressive floor plan includes formal dining room, private study and game room. Stylish arched walkways, vaulted ceilings, plush carpet, and attractive tile flooring throughout. Designed for entertaining with open concept living, kitchen and breakfast areas. Spacious living room features a cozy gaslog fireplace. Gourmet kitchen offers a large island with ample storage. Relaxing primary retreat has large windows and is complete with garden tub, vanity area, separate shower and walk in closet. The back yard is perfect for outdoor entertaining with extended concrete and brick patio. Residents of this great community enjoy an Olympic size community pool, splash pad, basketball court, three parks, and access to top rated CFISD schools. Schedule your showing to view this exceptional home today!

Investor Tools

Property Icon
$308,000
Estimated Property Value
$198,750Estimated Mortgage Balance
$120,830Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,848 /month
Positive
Cash Flow Estimate:
$616 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$295/month
$665/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,004
$287,467
2025
$68,715
$218,752
$287,467
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,004
$287,467

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$198,750
No
First
Mar 17, 2023
Apr 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,170
$118,830
38%
61%
$1,192/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,857/mo
+$303/mo
8.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

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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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Cypress

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16123 Barngate Ct | Property Details | No Agent List