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B+
NoAgentList RatingHow are grades calculated? Info

$331,389

16131 Cypress Point Dr, TX, 77429

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,588 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.65 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,200 sqft

Building Information

Year Built1998
Stories2
Garage Spaces2

Land Information

APN1151030060002
Lot Number2
SubdivisionCypress Point
Land UseResidential
Legal DescriptionLT 2 BLK 6 CYPRESS POINT SEC 2
Census Tract554408
Assessed Land Value$59,508
Assessed Improvement Value$271,881
Assessment Year2025

About this property

Beautifully maintained and move-in ready! This home features hardwood and tile floors, four spacious bedrooms, and a versatile game room. The serene backyard retreat offers a covered patio, firepit, and sitting area—perfect for entertaining. Located in a vibrant community with lakes, parks, pool, and rec center. Zoned to top-rated Cy-Fair ISD schools, with the elementary campus just a short walk away. Close to shopping, dining, and everyday essentials.

Investor Tools

Property Icon
$331,389
Estimated Property Value
$314,204Estimated Mortgage Balance
$19,463Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,988 /month
Positive
Cash Flow Estimate:
$663 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
$630/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,926
$331,389
2025
$59,508
$271,881
$331,389
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,926
$331,389

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Das Acquisition
Fha
$314,204
Yes
First
Dec 5, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,926
$19,463
5%
94%
$1,884/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,514/mo
+$276/mo
10.1%

Learn About the Market: Opportunity in Texas

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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.

Explore Texas Explore This Area
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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