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$501,000

NAL Estimated Property Value

16218 Halpren Falls Ln, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,064 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.24 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size7,501 sqft

Building Information

Year Built1999
Garage Spaces2

Land Information

APN1198670010016
Lot Number16
SubdivisionColes Crossing
Land UseResidential
Legal DescriptionLT 16 BLK 1 COLES CROSSING SEC 5
Census Tract554409
Assessed Land Value$101,790
Assessed Improvement Value$389,939
Assessment Year2025

About this property

Discover LOCATION, STYLE, UPGRADES, and more! Enter and feel the charm of a well-maintained home in the sought-after Coles Crossing community. The owners have diligently updated the property, including a new roof in 2022, AC units replaced within the last five years, new dishwasher (2022), new kitchen cabinets (2022), & new toilets (2023). The impressive two-story living room features built-ins, a custom mosaic tile fireplace, & a picturesque view of the backyard oasis. Luxury Vinyl Plank flooring was laid throughout the house (2020), eliminating all carpet, along with a stair remodel (2020). Additionally, the home comes w/ custom shutters, solar screens, motorized blinds in the primary bedroom, an upstairs shower remodel (2022), updated lighting throughout the house, & the backyard comes w/a pool, spa, refreshed landscaping w/ bull rock along the sides of the house, complete with a back gate to the walking trails.

Investor Tools

Property Icon
$501,000
Estimated Property Value
$351,485Estimated Mortgage Balance
$149,515Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,240 /month
Positive
Cash Flow Estimate:
$1,080 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,730
$491,729
2025
$101,790
$389,939
$491,729
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,730
$491,729

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$364,000
No
First
Jun 12, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,485
$154,515
30%
70%
$2,183/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$3,183/mo
$-393/mo
6.7%

City: Cypress

16218 Halpren Falls Ln | Property Details | No Agent List