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$221,000

NAL Estimated Property Value

16207 Cypress Point Dr, TX, 77429

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,386 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.15 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityMove-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, Free-Standing Range, Gas Range, Refrigerator, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Exterior FeaturesPlayground
Lot Size6,708 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN1142770040019
Lot Number19
SubdivisionCypress Point
Land UseResidential
Legal DescriptionLT 19 BLK 4 CYPRESS POINT SEC 1
Census Tract554407
Assessed Land Value$58,377
Assessed Improvement Value$138,674
Assessment Year2025

About this property

Extensive updates since 2018 include interior/exterior paint, new front door, kitchen counters, stainless steel oven, microwave and refrigerator, stainless steel sink, all new door hardware, tub surround in hall bath and completely remodeled master shower, new vanities and countertops in both baths just completed, wood decking and new driveway in 2021. Ceiling fans in all bedrooms. Fantastic backyard with plenty of room for play. Home is in great condition. Please only tenants willing and able to keep it in the same condition should apply. Pets on a case by case basis. Excellent neighborhood with exceptional schools.

Investor Tools

Property Icon
$221,000
Estimated Property Value
$39,437Estimated Mortgage Balance
$181,563Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,326 /month
Positive
Cash Flow Estimate:
$442 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,523
$197,051
2025
$58,377
$138,674
$197,051
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,523
$197,051

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Americas Wholesale Lender
Stand Alone Refi (Refinance Of Original Loan)
$70,800
No
First
Sep 26, 2008
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$39,437
$179,563
81%
18%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
N/A
+$2,160/mo
11.7%

City: Cypress

16207 Cypress Point Dr | Property Details | No Agent List