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$447,936

NAL Estimated Property Value

16303 Channing Way, Cypress, TX, 77429

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,976 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.31 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size11,252 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN0833500000020
Lot Number20
SubdivisionCypress Bend
Land UseResidential
Legal DescriptionLT 20 BLK 2 CYPRESS BEND SEC 1
Census Tract552200
Assessed Land Value$74,739
Assessed Improvement Value$373,197
Assessment Year2025

About this property

New construction! Gated one story three-bedroom brick house on a large unrestricted lot, zoned to Cy-Fair ISD and conveniently located near shopping, schools and freeways featuring: open floorplan, high ceilings, ceramic tile in the living area and carpet in the bedrooms, premium fixtures, double pane windows and designer paint colors. The kitchen features stainless steel appliances including built-in microwave, quartz counter tops and custom cabinets. The family room and master bedroom have coffered ceiling and celling fans. The master bath has his and her sinks, premium counter tops and fixtures and both garden style tub with separate shower. The house has a covered patio with a summer kitchen including a gas grill and outside sink. The walls and ceiling have spray foam insulation.

Investor Tools

Property Icon
$447,936
Estimated Property Value
$338,256Estimated Mortgage Balance
$109,680Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,688 /month
Positive
Cash Flow Estimate:
$896 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$499/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,753
$447,936
2025
$74,739
$373,197
$447,936
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,753
$447,936

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Conventional
$367,650
No
First
Feb 11, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$338,256
$109,680
24%
76%
$2,205/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$2,205/mo
$-45/mo
5.8%

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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16303 Channing Way | Property Details | No Agent List