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$390,000

16522 Lake Austin St, Cypress, TX, 77433

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,811 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$215.35 / 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, Disposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size2,723 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1458710030011
Lot Number11
Land UseResidential
Legal DescriptionLT 11 BLK 3 BRIDGELAND CENTRAL SEC 1
Census Tract543004
Assessed Land Value$70,955
Assessed Improvement Value$329,396
Assessment Year2025

About this property

Beautifully finished Highland Homes townhome offering a polished, move-in-ready interior filled with thoughtful upgrades. The downstairs living spaces feature warm wood flooring, while the kitchen makes a statement with rich blue cabinetry, ceiling-height uppers, quartz countertops, designer tile backsplash, farmhouse sink, and brushed brass accents. The elevated finishes continue throughout with Snow White quartz in all bathrooms, upgraded tile selections & coordinated brass hardware. The primary retreat features a freestanding soaking tub, beautifully tiled shower & striking designer wall tile. Ceiling fans are found in every bedroom, and window coverings are already in place throughout. The utility room adds extra storage with double-stacked cabinetry and stylish patterned flooring. Outside, enjoy a brick-walled patio with fan, extended rear driveway, and two-car garage. Prewired security, SkyBell door camera, and fiber connectivity complete this exceptionally well-appointed home.

Investor Tools

$368,204Estimated Mortgage Balance
$34,640Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,402 /month
Positive
Cash Flow Estimate:
$801 /month

Interested in this property?

Ben Caballero

Highland Homes Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$363/month
$4,326/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,348
$400,351
2025
$70,955
$329,396
$400,351
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,348
$400,351

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highland Homeloans Llc
Conventional
$387,000
No
First
Sep 29, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,204
$42,796
10%
92%
$2,321/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$6,647/mo
$-4,127/mo
7.6%

City: Cypress

16522 Lake Austin St | Property Details | No Agent List