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$584,483

NAL Estimated Property Value

17423 Morgans Lake Dr, Cypress, TX, 77433

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,211 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.73 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size10,115 sqft

Building Information

Year Built2009
Garage Spaces1

Land Information

APN1290210020023
Lot Number23
SubdivisionFirst Bend
Land UseResidential
Legal DescriptionLT 23 BLK 2 FIRST BEND SEC 7
Census Tract543004
Assessed Land Value$106,750
Assessed Improvement Value$477,733
Assessment Year2025

About this property

Welcome to this beautiful home in the sought-after community of First Bend at Bridgeland! Situated on a desirable corner lot with a scenic lake view, this 4 bedroom, 3.5 bath home offers wood floors flowing through the living room, study, dining room, and bedrooms, and tile accents the entry and kitchen. The spacious, airy kitchen features a stainless steel gas range, and generous prep space—perfect for cooking and entertaining. Large windows in the living and breakfast area provide plenty of natural light and offer views of the expansive backyard and lake with an extended patio, ideal for outdoor gatherings. The upstairs bonus room can be used as a game room, playroom or has a full bath making it a perfect guest suite! Recent upgrades include a new roof in 2022, interior paint making the house light and bright and new counters, lights, fans, shutters and more. The home also includes a portable whole-house tri-fuel generator with a completed natural gas hookup for added convenience.

Investor Tools

Property Icon
$584,483
Estimated Property Value
$521,675Estimated Mortgage Balance
$62,808Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,507 /month
Positive
Cash Flow Estimate:
$1,169 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
$1,395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,890
$584,483
2025
$106,750
$477,733
$584,483
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,890
$584,483

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Fha
$530,219
Yes
First
Jun 9, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$521,675
$62,808
10%
89%
$3,179/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$4,574/mo
$-1,324/mo
6.7%

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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17423 Morgans Lake Dr | Property Details | No Agent List