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$429,000

NAL Estimated Property Value

16511 Lake Austin St, Cypress, TX, 77433

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,078 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$218.01 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Washer/Dryer

Exterior

Lot Size3,494 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1458710060038
Lot Number38
Land UseResidential
Legal DescriptionLT 38 BLK 6 BRIDGELAND CENTRAL SEC 1
Census Tract543004
Assessed Land Value$90,443
Assessed Improvement Value$325,940
Assessment Year2025

About this property

MLS# 56478617 - Built by Highland Homes - Ready Now! ~ NEW Bridgeland Central Luxury Cottages by Highland Homes! The Derby Features Soaring Ceilings, Natural Light & Functional Design. 2 Story, 3 Bed, 2.5 Bath, 2 Front Load Garage! HUGE Windows and Open Volume Ceiling! Kitchen Opens to Family Room with 42 Cabinets & Large Island! Primary Suite with Dual Vanities, Large Walk-In Shower / Freestanding Tub. All Bedrooms Upstairs with Full Bath and Game Room! Rear Patio, No Rear Neighbors, Backs to Water Feature with Full Yard Sprinkler, All Exterior Maintenance Included with dues. Zoned to Award Winning Cy-Fair ISD Schools! 2023 HERS Energy Rated = LOW Electric Bills! Built with the Quality & Craftsmanship you expect only in a Highland Home!!!

Investor Tools

Property Icon
$429,000
Estimated Property Value
$431,620Estimated Mortgage Balance
$429,000Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,718 /month
Positive
Cash Flow Estimate:
$906 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
$4,235/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,057
$416,383
2025
$90,443
$325,940
$416,383
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,057
$416,383

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gulf Coast Educators Fcu
Conventional
$433,500
No
First
Feb 17, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$431,620
$6,380
1%
101%
$2,600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$6,835/mo
$-4,315/mo
7.0%

City: Cypress

16511 Lake Austin St | Property Details | No Agent List