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$1,990,000

17514 Queenslake Drive, Cypress, TX, 77429

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths4,373 Sq Ft
price_per_sqft$455.07 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Slate, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBack Green Space, Side Yard, Sprinkler System
Lot Size4.61 acres

Building Information

Year Built1996
Stories1
Garage Spaces3

Land Information

APN1015560000005
Lot Number5
SubdivisionCypress Village U/R
Land UseResidential
Legal DescriptionLT 5 CYPRESS VILLAGE U/R
Census Tract554407
Assessed Land Value$476,949
Assessed Improvement Value$1,023,051
Assessment Year2025

About this property

LOCATION LOCATION LOCATION! Beautiful Custom Stucco Home on 4.6 acres nestled among Gorgeous mature live oak trees creating a picturesque setting. Located in one of Cypress' most sought-after areas, this property offers the perfect blend of Charm, Comfort and Convenience. Enjoy peaceful surroundings, timeless appeal and a Prime Location close to shopping, dining, and top-rated amenities. This property also includes two barns, a Texas Classic 2 stall horse barn with tack and feed rooms and a 40x60 metal building with office, a/c and half bath with a porte-cochere, perfect for entertaining. Don't miss this exceptional opportunity to own a Truly Special Home!

Investor Tools

$210,313Estimated Mortgage Balance
$1,289,687Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,940 /month
Positive
Cash Flow Estimate:
$3,980 /month

Interested in this property?

Lisa Adams

Martha Turner Sotheby's International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,181/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,676
$1,500,000
2025
$476,949
$1,023,051
$1,500,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,676
$1,500,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Credit Line (Revolving) / Heloc
$250,000
No
First
Aug 17, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,313
$1,289,687
85%
14%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$1,499/mo
+$1,291/mo
2.2%

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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