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B+
NoAgentList RatingHow are grades calculated? Info

$348,000

16539 Cypress Thicket Dr, TX, 77429

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,214 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$91.79 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,815 sqft

Building Information

Year Built2001
Garage Spaces2

Land Information

APN1210080030011
Lot Number11
SubdivisionCypress Point Lake Estates
Land UseResidential
Legal DescriptionLT 11 BLK 3 CYPRESS POINT LAKE ESTATES SEC 1
Census Tract554407
Assessed Land Value$65,651
Assessed Improvement Value$264,995
Assessment Year2025

About this property

Stunning Two Story Showcase! Great location in Cypress Point Lake Estates with convenient access to schools, shopping and the Hwy 290 corridor. Terrific open floorplan features formal living, formal dining, large family room, game room and mother-in-law suite on the first floor. Gourmet kitchen with large center island, breakfast bar, 42” cabinets, stainless appliances and pantry. Large master retreat with laminate and tile flooring, double sinks, separate shower, garden tub and huge walk-in closet. Extra storage throughout the house including an oversized laundry room. Over 52k in recent updates: roof shingles, custom wood look tile, carpet, two AC units and furnaces, water heater, sliding back door, two toilets and vanity and so much more. Beautiful fenced yard with patio and sprinklers. Come see this incredible home during the open house on July 24 from 10 – 2 pm.

Investor Tools

Property Icon
$348,000
Estimated Property Value
$0Estimated Mortgage Balance
$348,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,136
$330,646
2025
$65,651
$264,995
$330,646
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,136
$330,646

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$342,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$525/mo
+$2,265/mo
9.6%

Learn About the Market: Opportunity in Texas

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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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16539 Cypress Thicket Dr | Property Details | No Agent List