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$309,000

21302 Cypress Scarlet Oak Dr, TX, 77433

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,811 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.69 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size6,765 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1361660040009
Lot Number9
Land UseResidential
Legal DescriptionLT 9 BLK 4 CYPRESS OAKS SEC 1
Census Tract543005
Assessed Land Value$68,460
Assessed Improvement Value$234,023
Assessment Year2025

About this property

LOCATION! LOCATION! LOCATION! 2.41 TAX RATE! Beautiful 1 story home with 4 Bedrooms, 2 Baths, and an attached 2 car garage. You will love the space in this home with lots of flexibility for your lifestyle. Coming through the front door, you feel the openness and great space from the Formal Dining Room/Flex Space to the spacious Family Room to the eat-in Kitchen. You can find the spacious Primary Bedroom with Ensuite Bath at the end of the hall along with 3 secondary bedrooms and a full bath. Don’t miss the Covered Patio and fenced backyard for entertaining friends and family. The neighborhood is located across the street from Cypress Park HS. Convenient to Town Lake, as well as, I10 & 290 for shopping and entertainment. Easy access to 99, I10, 290, and HWY 6. Cy Fair ISD!

Investor Tools

Property Icon
$309,000
Estimated Property Value
$152,500Estimated Mortgage Balance
$161,506Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$315/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,232
$302,483
2025
$68,460
$234,023
$302,483
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,232
$302,483

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$152,500
No
First
Jul 17, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,494
$159,506
51%
48%
$915/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$1,415/mo
+$1,835/mo
12.6%

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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