20550 Double Meadows Dr Cypress, TX 77433

3 beds · 2 baths · 1,610 sq ft · Lot Size: 6,451 sq ft · Single Family Home
Est. Property Value: $240,986

High Demand Long-Term RentalValued below Market MedianLarge Lot AdvantageOwned for 5 - 10 Years

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

20550 Double Meadows Dr is in the 77433 neighborhood of Cypress, TX. It is located in Harris County and ZIP code 77433. This Single Family Home was built in 2006 and is approximately 19 years old. The single family home spans 1610 sq ft with 3 bedrooms and 2 bathrooms and sits on a 6451 sq ft lot. According to public records, it was last sold in 2018 for $198,244 and has a tax-assessed value of $234,193, which is $150 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 20550 Double Meadows Dr Cypress, TX 77433 with Property Intel by Whitepages.

20550 Double Meadows Dr

Cypress, TX 77433

Neighborhood

Owners & Occupancy for 20550 Double Meadows Dr

No contact information is available.

Occupancy

Resident 1**********
Resident 2**************
Resident 3**************
Resident 4*********************
Resident 5*************** age 75

Property Financials for 20550 Double Meadows Dr

20550 Double Meadows Dr, Cypress, TX has a mortgage from Amcap Mtg Ltd (orig. February 28, 2018). The Harris county assessment for 2024 values it at $234,193, with annual taxes of $5,406.

Mortgage & Equity Information

Loan Amount$******
LenderAmcap Mtg Ltd
Origination DateFebruary 28, 2018
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateFebruary 28, 2018
Property Tax Amount$5,406 in 2024
Purchase Price$198,244
Assessed Value$234,193 on 2024

Investment Potential for 20550 Double Meadows Dr

The property has a current estimated value of $240,986, which is 25% below the zip median, based on public records. It last sold on February 28, 2018 for $198K. Projected long-term
is $26,400 annually ($2,200 per month) with a 94% occupancy rate.

Discover more Single Family Homes in 77433.
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Long-Term

Gross Rental
$26,400 per year($2,200 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
View Cap Rate
Occupancy Rate
94%in 77433 zip code
 
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Property Details for 20550 Double Meadows Dr

Property Details

Property Sq Ft

Living Area

1,610 sq ft

19% below market

Lot Size

6,451 sq ft

1% above market

Price Per Sq Ft

Living Area

$150 / sq ft

9% below market

Lot Size Area

$37 / sq ft

24% below market

Property condition, age, exterior, etc. for 20550 Doub…
Longitude: -95.724904 Latitude: 29.887394 Parcel Number (APN): 127-029-003-0034…

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Market Benchmarks

Compare data for 20550 Double Meadows Dr in Harris County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$240,986
$265,694
-$24,708 (-9%)
—
—
—
YoY Price Change
—
—
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Year Built
2006
1986
20 years
Living Space
1,610 sq ft
1,660 sq ft
-50 (-3%)
$ Per Living Sq Ft
$150
$162
-$12 (-7%)
Lot Size
6,451 sq ft
7,500 sq ft
-1049 (-14%)
$ Per Lot Sq Ft
$37
$34
$3 (9%)

Net Operating Income
$*****
$14,416
$1,284 (9%)
Annual Revenue
$26,400
$25,200
$1,200 (5%)
$*****
$10,685
$15 (0%)
Net Operating Income
$*****
$14,416
$1,284 (9%)
Cap Rate
****%
5.39%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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