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Owner Contacts

$728,000

NAL Estimated Property Value

16211 Folk Festival Pl, Cypress, TX, 77433

Off Market

5 Beds

4 Bath

3,770 Sq Ft

$198.94 / sqft

Built in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size8,124 sqft

Building Information

Year Built2018

Garage Spaces3

Land Information

APN1387580010003

Lot Number3

Land UseResidential

Legal DescriptionLT 3 BLK 1 BRIDGELAND PARKLAND VILLAGE SEC 3

Census Tract543004

Assessed Land Value$131,219

Assessed Improvement Value$583,781

Assessment Year2025

About this property

Stunning Village Builders Wentworth Series, "Whitaker" Design with Stucco/Stone/Brick Elevation G, in Bridgeland #1 community. Beautiful 2-story home with 5 bed/4 bath/ 3 cars extended Garage, Gameroom and Media room up. Formal Dining room and 2nd Bed down. Study has Ceiling Beams. Gourmet Island Kitchen has Grey glazed white cabinets, Granite countertops. Home has Butler's Pantry and Breakfast Nook, Spacious family room with Fireplace. Luxury Primary suite has Dual Sinks, Corner tub, separate shower & Huge Walk-in Closet w/Built-ins. Large extended covered patio. This home is Wi-Fi Certified Smart Home featuring integrated automation and voice control with Alexa. More upgrades include 3 beautiful Chandeliers, Patio TV, full security system, Bose surrounding sound bar, Water softener and filtration system and much more. Community amenities include 24hrs swimming pool, Tennis court, Basketball court, gym, lazy river, walking trail, treehouse, fishing. Please schedule your showing today!

Investor Tools

$728,000

Estimated Property Value

$554,985Estimated Mortgage Balance

$173,015Estimated Equity

23% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,500 /month

Positive

Cash Flow Estimate:

$1,500 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$663/month

$1,197/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,310

$715,000

2025

$131,219

$583,781

$715,000

Tax History

Year

Tax Paid

Assessed Value

2024

$4,310

$715,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Movement Mortgage

Conventional

$572,000

First

Sep 13, 2024

Oct 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$554,985

$175,015

23%

76%

$3,430/mo

Learn About the Market: Opportunity in Texas

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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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