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B+
NoAgentList RatingHow are grades calculated? Info

$340,000

16715 Thorn Cypress Dr, TX, 77429

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,360 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.3 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size7,649 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN1240140030007
Lot Number7
SubdivisionCypress Point Lake Estates
Land UseResidential
Legal DescriptionLT 7 BLK 3 CYPRESS POINT LAKE ESTATES SEC 5
Census Tract554407
Assessed Land Value$65,487
Assessed Improvement Value$258,743
Assessment Year2025

About this property

Welcome to your dream home in Cypress Point Lake Estates! This 4-bedroom, 2-bathroom oasis offers a perfect blend of comfort, style & luxury. The heart is the generous kitchen with custom cut Quartz Calcutta Stone island with custom soft closing cabinets & counter tops, overlooking the Family Room. The primary bedroom is a retreat, featuring an ensuite bathroom with separate walk-in shower, tub, & dual sinks. Three additional bedrooms provide ample space for family or guests & the second bathroom is designed to meet all your needs. The patio is perfect for outdoor dining, relaxing, or entertaining, & the private pool built by Platinum Pools, offers endless hours of fun. New backyard fencing with wide pickets. A Trane HVAC 16 Seers variable speed Central A/C unit & new ducts in Attic (3 years old), as well as a new whole house Water Softener & filtered water system in the kitchen are also present. This home is conveniently located, offering easy access to shops, dining and parks.

Investor Tools

Property Icon
$340,000
Estimated Property Value
$264,000Estimated Mortgage Balance
$81,569Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,018
$324,230
2025
$65,487
$258,743
$324,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,018
$324,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Emet Lending Group Inc
Conventional
$264,000
No
First
Jan 26, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,431
$90,569
25%
76%
$1,914/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,489/mo
+$301/mo
9.8%

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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16715 Thorn Cypress Dr | Property Details | No Agent List