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$266,000

NAL Estimated Property Value

16206 Cypress Trace Dr, TX, 77429

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,548 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.04 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Laminate

Exterior

Lot Size10,202 sqft

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APN1142770020001
Lot Number1
SubdivisionCypress Point
Land UseResidential
Legal DescriptionLT 1 BLK 2 CYPRESS POINT SEC 1
Census Tract554407
Assessed Land Value$62,118
Assessed Improvement Value$188,754
Assessment Year2025

About this property

**OPEN HOUSE SATURDAY 12-3** Welcome Home to 16206 Cypress Trace Dr located in Cypress Point subdivision. This 3 bedroom, 2 bath single story home is located on a huge corner lot which backs up to the community park. Through the foyer, you are greeted by a light and bright family room featuring high ceilings, updated fixtures, and a gas log fireplace surrounded by a solid wood mantle. Updated kitchen features granite countertops, subway tile backsplash, laminate wood flooring & a breakfast bar open to the living area. New carpet was installed 10/27 throughout the main areas of the home. Large primary suite is located down the hall with an updated bath featuring dual vanities, soaking tub & a separate tiled shower. Two secondary bedrooms share the updated secondary bath. Covered back patio is perfect for relaxing in the evenings & enjoying your oversized backyard with no back neighbors. Zoned to award winning Cy-Fair ISD. Refrigerator, washer and dryer to stay with the home.

Investor Tools

Property Icon
$266,000
Estimated Property Value
$0Estimated Mortgage Balance
$266,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,596 /month
Positive
Cash Flow Estimate:
$532 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$120/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$109
$250,872
2025
$62,118
$188,754
$250,872
No

Tax History

Year
Tax Paid
Assessed Value
2024
$109
$250,872

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$264,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$525/mo
+$1,115/mo
7.4%

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.

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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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16206 Cypress Trace Dr | Property Details | No Agent List