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$430,000

NAL Estimated Property Value

16515 Lake Austin St, Cypress, TX, 77433

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,060 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$189.8 / 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 Size2,352 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1458710060039
Lot Number39
Land UseResidential
Legal DescriptionLT 39 BLK 6 BRIDGELAND CENTRAL SEC 1
Census Tract543004
Assessed Land Value$79,329
Assessed Improvement Value$346,347
Assessment Year2025

About this property

MLS# 45936455 - Built by Highland Homes - Ready Now! ~ NEW Bridgeland Central Cottages by Highland Homes! The Chester 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 w/ Large Island! Primary Suite w/ Dual Vanities, Large Walk-In Shower w/ Tub. All Bedrooms Upstairs w/ Full Bath and Game Room! Rear Patio, No Rear Neighbors, Backs to Water Feature w/ Full Yard Sprinkler & More. All Exterior Maintenance Included w/ 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
$430,000
Estimated Property Value
$343,871Estimated Mortgage Balance
$86,129Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
$4,235/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,615
$425,676
2025
$79,329
$346,347
$425,676
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,615
$425,676

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Fha
$360,217
Yes
First
Nov 14, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,871
$89,129
20%
80%
$2,160/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$6,395/mo
$-3,875/mo
7.0%

City: Cypress

16515 Lake Austin St | Property Details | No Agent List