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$366,512

17427 N Riata Lake Dr, Cypress, TX, 77433

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,549 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.22 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Cooktop, Dishwasher

Exterior

Lot Size6,708 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1263330010011
Lot Number11
SubdivisionBarker Lake
Land UseResidential
Legal DescriptionLT 11 BLK 1 BARKER LAKE SEC 2
Census Tract543007
Assessed Land Value$72,722
Assessed Improvement Value$293,790
Assessment Year2025

About this property

A beautiful maintained 3-4 bedroom home offers a stunning location directly in front of a serene lake and scenic park, providing open, breathtaking views in the neighborhood of Barker Lake. Inside, the home features a spacious layout with soaring high ceilings, creating an airy and elegant atmosphere. Significant recent upgrades including a new roof (Nov. 2024), a new AC and heating system (July 2024), and a new water heater (Jan. 2025), offering peace of mind and long-term value. Added improvements include a full sprinkler system, a water softener, and ceiling fans in all nine rooms for enhanced comfort and efficiency. As an added bonus, the home comes complete with a washer and dryer and a 75” big screen TV with an HD antenna—all included with the sale, making this property move-in ready and fully equipped for modern living.

Investor Tools

Property Icon
$366,512
Estimated Property Value
$264,000Estimated Mortgage Balance
$105,981Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,328 /month
Positive
Cash Flow Estimate:
$776 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
$1,073/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$89
$366,512
2025
$72,722
$293,790
$366,512
No

Tax History

Year
Tax Paid
Assessed Value
2024
$89
$366,512

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$264,000
No
First
Aug 29, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,531
$105,981
28%
71%
$1,583/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$2,656/mo
+$594/mo
10.6%

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.

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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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17427 N Riata Lake Dr | Property Details | No Agent List