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$2,595

8311 Wave Arbor Dr, Cypress, TX, 77433

PendingInfo
Beds4 Beds
Baths2 Bath
Baths2,468 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.05 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,754 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1460640010040
Lot Number40
Land UseResidential
Legal DescriptionLT 40 BLK 1 MARVIDA SEC 12
Census Tract543005
Assessed Land Value$87,721
Assessed Improvement Value$262,942
Assessment Year2025

About this property

Room Dimension are Approx. This meticulously designed property offers a highly functional and desirable layout featuring 4 bedrooms, a versatile Flex Room, and 2.5 bathrooms, all situated within the exemplary Cy-Fair ISD. The main level provides convenience and flexibility with the primary master suite and the dedicated flex room (ideal for an office or nursery) both located on the first floor, alongside 1.5 bathrooms. The second floor provides a distinct retreat with the remaining 3 bedrooms and one full bathroom, optimizing privacy for family or guests. Perfectly positioned for effortless commuting, this home offers rapid access to both US-290 and the Grand Parkway (TX-99), while residents enjoy close proximity to premier local amenities, including premier shopping at Houston Premium Outlets, the lakeside dining and entertainment at The Boardwalk at Towne Lake, and numerous recreational parks.

Investor Tools

$283,089Estimated Mortgage Balance
$78,397Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,166 /month
Positive
Cash Flow Estimate:
$722 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$350,663
2025
$87,721
$262,942
$350,663
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$350,663

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pulte Mortgage Llc
Conventional
$299,569
No
First
Jun 29, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,089
$77,911
21%
78%
$1,797/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$1,797/mo
+$1,453/mo
10.8%

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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8311 Wave Arbor Dr | Property Details | No Agent List