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$306,000

NAL Estimated Property Value

16906 Savannah Park Dr, Cypress, TX, 77429

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,110 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.55 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size5,750 sqft

Building Information

Year Built2005
Garage Spaces1

Land Information

APN1270350040017
Lot Number17
SubdivisionPark Creek
Land UseResidential
Legal DescriptionLT 17 BLK 4 PARK CREEK SEC 1
Census Tract554408
Assessed Land Value$60,088
Assessed Improvement Value$232,396
Assessment Year2025

About this property

This beautiful 3 bedroom, 2 bath, 1 story home offers tons of space and stunning architectural upgrades such as high ceilings, crown molding, recessed lighting, and arches. Upon entry, you are greeted with a spacious dining room that features gorgeous hard wood floors. The open-concept kitchen has granite countertops, an island, SS appliances, and plenty of space for a breakfast table. The living room is open to the kitchen making this a great space for entertaining. The spacious primary bedroom features an en-suite bathroom with dual sinks, separate soaking tub, glass shower, and a large walk-in-closet. The game room offers extra storage with built-ins and serves as a common area for both secondary bedrooms. The secondary bedrooms are a great size and one even offers a built-in desk with drawers and shelves! The extended covered patio makes this backyard the perfect place to relax after a long day or entertain guests. Fresh paint and updated light fixtures! You'll love this home!

Investor Tools

Property Icon
$306,000
Estimated Property Value
$262,044Estimated Mortgage Balance
$43,956Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$313/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,222
$292,484
2025
$60,088
$232,396
$292,484
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,222
$292,484

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Member Home Loan
Conventional
$274,500
No
First
Nov 21, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,044
$45,956
14%
86%
$1,646/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$2,196/mo
$-36/mo
8.5%

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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16906 Savannah Park Dr | Property Details | No Agent List