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$576,000

NAL Estimated Property Value

16611 Hope Farm Ln, Cypress, TX, 77429

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,649 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.4 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size10,102 sqft

Building Information

Year Built1998
Garage Spaces4

Land Information

APN1193500010004
Lot Number4
SubdivisionColes Crossing
Land UseResidential
Legal DescriptionLT 4 BLK 1 COLES CROSSING SEC 1
Census Tract554409
Assessed Land Value$105,677
Assessed Improvement Value$396,561
Assessment Year2025

About this property

This beautiful 5 bed 4.5 bath home is located within a charming cul-de-sac steps from the community pools, walking trails, and parks! Featuring a 3 car garage with workshop area, no backyard neighbors, and an abundance of living space. Large inground pool featuring a rock waterfall, spa, and outdoor bathroom with shower. Walk-in closets in every bedroom! Recent windows, roof, and A/C. Freshly painted, new vinyl flooring in the living, dining and primary bedroom, new carpet upstairs, updated bathroom faucets and new lighting throughout - this home is a true gem waiting to be seen!

Investor Tools

Property Icon
$576,000
Estimated Property Value
$553,135Estimated Mortgage Balance
$22,865Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,599 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$308/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$819
$502,238
2025
$105,677
$396,561
$502,238
No

Tax History

Year
Tax Paid
Assessed Value
2024
$819
$502,238

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$560,500
No
First
Aug 18, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$553,135
$21,865
3%
96%
$3,361/mo

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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16611 Hope Farm Ln | Property Details | No Agent List