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$324,396

21219 Montego Bay Dr, Cypress, TX, 77433

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,852 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.18 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size4,844 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN1463310020005
Lot Number5
Land UseResidential
Legal DescriptionLT 5 BLK 2 MARVIDA SEC 16
Census Tract543005
Assessed Land Value$65,743
Assessed Improvement Value$258,653
Assessment Year2025

About this property

KB HOME NEW CONSTRUCTION - Welcome home to 21219 Montego Bay Drive located in Marvida and zoned to Cypress-Fairbanks ISD! This floor plan features 3 bedrooms, 2 full baths, 1 half and an attached 2-car garage. Additional features include stainless steel Whirlpool appliances, 42" Woodmont Belmont cabinets in the kitchen, kitchen island with extended bar top, loft, SmartKey Entry Door Hardware, and 2" smooth faux wood cordless blinds throughout the house. Outdoor features include gutters to the front of the home and a beautiful covered patio in he back. You don't want to miss all this gorgeous home has to offer! Call to schedule your showing today!

Investor Tools

Property Icon
$324,396
Estimated Property Value
$320,095Estimated Mortgage Balance
$12,353Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$166/month
$1,030/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$365
$324,396
2025
$65,743
$258,653
$324,396
No

Tax History

Year
Tax Paid
Assessed Value
2024
$365
$324,396

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Conventional
$320,095
No
First
Dec 23, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,043
$12,353
3%
96%
$1,920/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$2,950/mo
+$300/mo
12.0%

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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21219 Montego Bay Dr | Property Details | No Agent List