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$256,000

NAL Estimated Property Value

16302 Cole Bridge Ln, Cypress, TX, 77429

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,684 Sq Ft
price_per_sqft$154.39 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Free-Standing Range, Gas Cooktop, Dishwasher, Dryer, Washer
FlooringCarpet, Vinyl

Exterior

Lot Size6,813 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1250800060024
Lot Number24
SubdivisionCypress Ridge
Land UseResidential
Legal DescriptionLT 24 BLK 6 CYPRESS RIDGE SEC 3
Census Tract554406
Assessed Land Value$56,245
Assessed Improvement Value$193,062
Assessment Year2025

About this property

Welcome to 16302 Cole Bridge Ln, This property offers three bedrooms and two bathrooms, ensuring plenty of room for comfortable living. Upon entering, you'll immediately be embraced by the warm and welcoming atmosphere, accentuated by the flood of natural light throughout the house. The open floor plan seamlessly connects the living room, kitchen, and breakfast area, making it an ideal setting for both entertaining and day-to-day living. The primary bedroom is generously proportioned, serving as a peaceful sanctuary for unwinding and recharging. Additionally, there are two additional bedrooms, offering versatility for use as guest rooms, home offices, or even a playroom. Noteworthy updates have been made to this home, including a brand new roof, fresh interior paint, new carpet, and stylish vinyl plank flooring in the kitchen. In 2022, the water heater and dishwasher were also updated, adding to the modern conveniences. A new fence enhances the property's appeal.

Investor Tools

Property Icon
$256,000
Estimated Property Value
$215,386Estimated Mortgage Balance
$40,614Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,787
$249,307
2025
$56,245
$193,062
$249,307
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,787
$249,307

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$225,250
No
First
Dec 18, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,386
$50,614
19%
84%
$1,351/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,651/mo
+$509/mo
10.1%

City: Cypress

16302 Cole Bridge Ln | Property Details | No Agent List