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$379,000

16515 Cypress Thicket Dr, TX, 77429

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,368 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.53 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBalcony
Lot Size6,900 sqft

Building Information

Year Built2000
Garage Spaces2

Land Information

APN1210080030006
Lot Number6
SubdivisionCypress Point Lake Estates
Land UseResidential
Legal DescriptionLT 6 BLK 3 CYPRESS POINT LAKE ESTATES SEC 1
Census Tract554407
Assessed Land Value$64,746
Assessed Improvement Value$234,063
Assessment Year2025

About this property

This spacious two-story home in Cypress offers approximately 3,300 sqft of comfortable living space with 4 bedrooms and 2.5 bathrooms. All bedrooms are located upstairs along with two full bathrooms and a generous additional living area—ideal for a game room, or kids’ retreat. The first floor features a bright, functional layout that includes a well-appointed kitchen, a cozy living room, a separate family room, and a dedicated office perfect for working from home. The home also comes equipped with brand-new appliances,including a refrigerator and dishwasher,adding convenience and value.Even better,the property features a new roof installed in 2023,giving you peace of mind and long-term durability. Located in a highly convenient Cypress community, this home offers quick access to major routes such as Highway 290 and Grand Parkway 99,making commutes,shopping,and daily errands simple.Grocery stores,restaurants,retail centers,and essential services are all just minutes away.

Investor Tools

$0Estimated Mortgage Balance
$319,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

Interested in this property?

Yan Zhuo

Realm Real Estate Professionals - Katy

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,633
$298,809
2025
$64,746
$234,063
$298,809
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,633
$298,809

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$375,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
N/A
+$2,790/mo
10.5%

City: Cypress