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$606,000

NAL Estimated Property Value

16639 Hope Farm Ln, Cypress, TX, 77429

$606,434 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,974 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$104.43 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen, Balcony
Lot Size12,284 sqft

Building Information

Year Built1999
Garage Spaces3

Land Information

APN1200140030014
Lot Number14
SubdivisionColes Crossing
Land UseResidential
Legal DescriptionLT 14 BLK 3 COLES CROSSING SEC 7
Census Tract554409
Assessed Land Value$108,209
Assessed Improvement Value$448,571
Assessment Year2025

About this property

Beautiful home on large cul-de-sac lot in Coles Crossing! Located on a low traffic cul-de-sac street, this home features a large, detached 3-car garage with covered porte-coche perfect for large families with lots of drivers! Inside you will find 4 large bedrooms all with walk-in closets, 3.5 bathrooms, an office, game room, and homework nook with built-in desks upstairs. The island kitchen features stainless appliances, granite counters, and 42" cabinets. Beautiful 5" hardwood floors are in all of the main living areas, the master bedroom, the master closet, and main stairway. The master bedrooms is huge with a large sitting area and second fireplace, and its en-suite bathroom has a large mudset shower with rain shower head, jetted tub, and duel sinks. New carpet throughout the second floor. Park-like backyard with huge trees, covered back patio, and outdoor kitchen with grill. 2017 Roof! Whole home water softener! Walking distance to community pool. Exemplary Cy-Fair Schools!

Investor Tools

Property Icon
$606,000
Estimated Property Value
$346,940Estimated Mortgage Balance
$259,060Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$606,433
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,636 /month
Positive
Cash Flow Estimate:
$1,212 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$496/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,923
$556,780
2025
$108,209
$448,571
$556,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,923
$556,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$388,930
No
First
Oct 16, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,940
$267,060
43%
57%
$2,332/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$3,232/mo
$-442/mo
5.5%

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.

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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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16639 Hope Farm Ln | Property Details | No Agent List