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$478,000

NAL Estimated Property Value

16603 Lake Austin St, Cypress, TX, 77433

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,078 Sq Ft
price_per_sqft$216.55 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Washer/Dryer

Exterior

Lot Size2,849 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1458710060045
Lot Number45
Land UseResidential
Legal DescriptionLT 45 BLK 6 BRIDGELAND CENTRAL SEC 1
Census Tract543004
Assessed Land Value$86,966
Assessed Improvement Value$365,782
Assessment Year2025

About this property

MLS# 53246355 - 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! Upgraded Hard Surface Floors at Main Living Area. HUGE Windows and Open Volume Ceiling! Kitchen Opens to Family Room with 42 Cabinets & Silestone Quartz Counters! Primary Suite with Dual Vanities, Large Walk-In Shower / No Tub. All Bedrooms Upstairs with Full Bath and Game Room! Iron Spindles Throughout. 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
$478,000
Estimated Property Value
$272,683Estimated Mortgage Balance
$205,317Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,868 /month
Positive
Cash Flow Estimate:
$956 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$422/month
$4,235/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,675
$452,748
2025
$86,966
$365,782
$452,748
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,675
$452,748

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highland Homeloans Llc
Conventional
$287,573
No
First
Jul 14, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,683
$258,317
48%
57%
$1,725/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$5,960/mo
$-3,440/mo
6.3%

City: Cypress

16603 Lake Austin St | Property Details | No Agent List