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$854,000

NAL Estimated Property Value

16802 Thomas Ridge Ln, Cypress, TX, 77433

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,029 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.92 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Instant Hot Water
FlooringCarpet, Stone, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size11,574 sqft

Building Information

Year Built2009
Garage Spaces3

Land Information

APN1314820010026
Lot Number26
SubdivisionFairfield Village North
Land UseResidential
Legal DescriptionLT 26 BLK 1 FAIRFIELD VILLAGE NORTH SEC 14
Census Tract555704
Assessed Land Value$145,823
Assessed Improvement Value$687,863
Assessment Year2025

About this property

Take in the exquisite details of this showcase home on the lake. The sweeping waterfront lot offers breathtaking views of the sunrise over the lake, which can be enjoyed from the beautifully landscaped backyard featuring 2 covered patios, outdoor kitchen perfect for al fresco dining year-round, pool, spa, and fire pit. Property features sumptuous wood flooring, formal dining room, study with French doors and built-ins, living room with a stone fireplace and towering windows, game room with bonus card room, home theater with tiered seating, covered balcony with stunning panoramic views, and an oversized 3-car garage. The gourmet island kitchen boasts high-end granite countertops, tile backsplash, double oven, and breakfast room. Escape to the private master suite with a sitting room, spacious walk-in closet, separate vanities, jetted tub, and shower. Only steps away from the dog park and walking trails around the lake. Zoned to highly acclaimed schools in CFISD. LOW PROPERTY TAXES.

Investor Tools

Property Icon
$854,000
Estimated Property Value
$459,104Estimated Mortgage Balance
$394,896Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,610 /month
Positive
Cash Flow Estimate:
$1,870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$870/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,167
$833,686
2025
$145,823
$687,863
$833,686
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,167
$833,686

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chevron Fcu
Conventional
$485,000
No
First
Jun 23, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$459,104
$406,896
46%
54%
$2,908/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.

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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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16802 Thomas Ridge Ln | Property Details | No Agent List