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$570,000

16807 Dry Creek Falls Blvd, Cypress, TX, 77433

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths3,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.13 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size15,547 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN1371600060001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 6 FALL AT DRY CREEK SEC 2
Census Tract555701
Assessed Land Value$134,755
Assessed Improvement Value$493,341
Assessment Year2025

About this property

BEAUTIFUL former Village Builders MODEL HOME in Falls at Dry Creek! This home has 3 bedrooms, 3.1 baths, a DEDICATED STUDY, and plenty of space for everyone! Upstairs you’ll find a GAME ROOM and MEDIA ROOM, making it a great home for entertaining or just having extra space to spread out. The GOURMET KITCHEN is large and open with lots of counter space and is truly the heart of the home. The living areas flow nicely together and makes the home feel open and inviting. One of the best things about this home is the HUGE lot! There is plenty of backyard space, along with a great patio that is perfect for outdoor entertaining, grilling, or relaxing with family and friends. Being a former model home, it has lots of beautiful details, LOADS OF UPGRADES and thoughtful touches throughout. It’s a great floor plan with plenty of room, both inside and out, and a wonderful place to call home in Falls at Dry Creek.

Investor Tools

$361,137Estimated Mortgage Balance
$300,863Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,972 /month
Positive
Cash Flow Estimate:
$1,324 /month

Interested in this property?

Shannon Lester

Better Homes and Gardens Real Estate Gary Greene - Memorial

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$671/month
$1,005/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,746
$628,096
2025
$134,755
$493,341
$628,096
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,746
$628,096

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eagle Home Mortgage Llc
Conventional
$411,569
No
First
May 29, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$361,137
$300,863
45%
55%
$2,468/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,520/mo
$3,473/mo
$-953/mo
4.6%

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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