17302 Heathcrest Ct Cypress TX 77429

1 investor added to watchlist

17302 Heathcrest Ct

Cypress TX 77429

Home Price

$385,000

$115,500 down payment (30%)

Year 1 Highlights

3.33%Cash on Cash info icon

6.1%Cap Rate info icon

4%YoY Appreciation info icon

$342Cash Flow/mo. info icon

17302 Heathcrest Ct, Cypress TX 77429

$385,000

4 bed·2 bath·2,384 sqft·Built 2005

Leased · $2,700/moSeller-reported

1 investor watching

✓ Save this home✓ Track pricing changes✓ Keep your return assumptions

Year 1 Highlights

3.33%Cash on Cash info icon

6.1%Cap Rate info icon

4%YoY Appreciation info icon

$342Cash Flow/mo. info icon

Why invest?

Investing in 17302 Heathcrest Ct, Cypress, TX 77429, offers a promising opportunity in a thriving community. This 4-bedroom, 2-bathroom home provides ample space and modern amenities, appealing to a broad tenant base. The Cypress area boasts a strong rental market, with average rents around $2,490, indicating steady demand and potential for consistent returns.

Property Overview

This well-maintained 2,384 sq ft residence, built in 2005, features four spacious bedrooms and two bathrooms. The open-concept living area is complemented by a modern kitchen equipped with updated appliances. The master suite includes a walk-in closet and en-suite bathroom, enhancing tenant appeal.

Economic and Employment Insights

Cypress, TX, benefits from a robust economy with a median household income of $123,172, surpassing the national average. The area hosts major employers in sectors such as energy, healthcare, and education, contributing to a low unemployment rate and a stable job market. This economic stability supports a steady demand for rental properties.

Local Amenities

The neighborhood offers top-rated schools, convenient public transportation, and a variety of shopping and dining options. Proximity to parks and recreational facilities enhances the quality of life, making it an attractive location for families and professionals alike. These amenities contribute to high tenant retention rates and sustained rental demand.

Currently Leased

Monthly Rent

$2,700/month

Seller-reported

Partner Property

Lease data provided by the seller. Not independently verified by Doorvest.

This content is for general informational purposes only. You should not construe any such information or other material shown on www.doorvest.com as legal, tax, investment, financial, or other advice. This content does not constitute a solicitation, recommendation, endorsement, or offer by Doorvest, Inc. to diversify investment real estate. This content does not address the circumstances of any particular individual or entity. Nothing on this site constitutes professional and/or financial advice, nor does any information on this site constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with use of any information or other content on this site before making any decisions based on such information or other content. In exchange for using the site, you agree not to hold Doorvest Inc., and/or its affiliates liable for any possible claim for damages arising from any decision you make based on information or other content made available to you through this site. All financial projections shown for Home Sales, Cash-out Refinances, Home Equity Lines of Credit (HELOC), and 1031 Exchanges are based on the following assumptions a 6% commission, 80% home equity assumption, and 2% in closing costs. All assumptions are subject to change and will vary depending on the transaction and home owner.