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$354,000

16507 Cypress Path Ct, TX, 77429

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,722 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.15 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size9,801 sqft

Building Information

Year Built2002
Garage Spaces1

Land Information

APN1210080030034
Lot Number34
SubdivisionCypress Point Lake Estates
Land UseResidential
Legal DescriptionLT 34 BLK 3 CYPRESS POINT LAKE ESTATES SEC 1
Census Tract554407
Assessed Land Value$67,617
Assessed Improvement Value$249,483
Assessment Year2025

About this property

This charming renovated home has plenty of space to spend time together or apart, with upgrades throughout including two living areas, formal dining, game room, and four bedrooms. Upgrades include new counter tops, flooring, and lighting! The long driveway is ideal for playtime or having family over. The garage has upgraded flooring and side yard has room for a boat, trailers, or extra storage, and the home includes two storage sheds. No flooding for this well-maintained cul-de-sac lot with loads of curb appeal. Highly rated CFISD schools with easy access to 290, Grand Parkway, 249 and Beltway 8. Schedule your showing today!

Investor Tools

Property Icon
$354,000
Estimated Property Value
$220,150Estimated Mortgage Balance
$157,618Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,124 /month
Positive
Cash Flow Estimate:
$708 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,880
$317,100
2025
$67,617
$249,483
$317,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,880
$317,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$220,150
No
First
Oct 28, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,382
$164,618
45%
55%
$1,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$1,845/mo
+$945/mo
9.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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