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    AI-Generated Neighborhood Summary

    Location & Crime Rate

    Cypress, TX, is a suburban community located northwest of Houston along the Northwest Freeway (U.S. 290). It's known for its blend of urban and rural environments, offering a mix of residential, commercial, and recreational areas. The crime rate in Cypress is relatively low compared to the national average, making it a safe place to live. However, it is always advisable to check local resources or current crime maps for up-to-date information.

    Schools & Amenities

    The property is located within the Cypress-Fairbanks Independent School District (CFISD), which is highly rated for its quality education and variety of programs. The area features several parks, such as the Cypress Park and the Little Cypress Creek Preserve, offering outdoor activities. For shopping and groceries, there are numerous options like the Houston Premium Outlets and various local markets. Tourist attractions nearby include the Berry Center and Houston National Golf Club. Additionally, Cypress hosts a variety of dining and entertainment venues, catering to diverse tastes.

    Economic Profile & Job Growth

    The average household income in Cypress is generally higher than the national average, reflecting its status as a relatively affluent area. Nearby neighborhoods, such as Jersey Village and parts of Northwest Houston, exhibit similar economic profiles. Cypress is not an incorporated city but is part of the Houston metropolitan area, making downtown Houston the nearest city center, approximately 25 miles away. Job growth in the area has been strong, driven by developments in sectors such as healthcare, education, and technology, which are significant employment drivers in Greater Houston.

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    Neighborhood Insights
    Key metrics about this location

    Neighborhood Summary

    Unlock our premium report for a detailed neighborhood narrative that combines demographic, economic, and social indicators to give you a comprehensive understanding of this community.

    Median Home Price

    $207,500

    Walk Score

    -

    Bike Score

    -

    Median Household Income

    $86,702
    Nat'l Avg: $69,021

    Percent Under Poverty

    9%
    Nat'l Avg: 12%

    Median Contract Rent

    $1,314
    Nat'l Avg: $988

    Owners vs Renters

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    Vacant Housing Units

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    Unemployment Rate

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    College Degree

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    Dominant Race

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    Married-Couple Families

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    Owners Without Morgages

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    Mortgage ≥ 30% Income

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    Rent ≥ 30% Income

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    Non-US Citizens

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    Location Map
    Overview of the neighborhood
    Nearby Places
    Essential locations and points of interest in the area

    Little Cypress Creek Preserve

    park

    HCA Houston Healthcare North Cypress

    hospital

    Kroger

    grocery store

    Texas Roadhouse

    restaurant

    LA Fitness

    gym

    George Bush Intercontinental Airport

    international airport

    Hamilton Elementary School

    school

    Houston Premium Outlets

    main attraction

    Neighborhood Assessment
    Key advantages and considerations for this area

    Dynamic Insights

    The property at 24224 Northwest Fwy, Cypress, TX 77429, is a neighborhood center built in 2023, featuring a gross leasable area of 50,199 square feet on a 32.22-acre lot.
    Cypress, TX, has experienced a 108.69% cumulative home appreciation over the past decade, averaging 7.63% annually.
    As of May 2025, the median sold home price in Cypress was $390,041, reflecting a 0.9% decrease from the previous year.
    The Cypress housing market is currently a seller's market, with homes selling in an average of 40 days as of May 2025. These insights highlight the property's recent development, the area's strong historical appreciation, a slight recent decline in median home prices, and the current seller's market conditions.

    Custom Narratives

    The median listing home price in the 77429 zip code was $415,000 in January 2025, reflecting a 3.7% year-over-year increase, with homes selling for 6.48% below asking price on average.
    Cypress, TX, is experiencing rapid growth, with a population of approximately 200,839 as of the 2020 Census, and a median household income of $116,054, indicating a strong local economy.
    The community is served by the highly rated Cypress-Fairbanks Independent School District, which is the third largest in Texas, contributing to the area's appeal for families.
    Cypress offers a variety of master-planned communities and amenities, including parks and shopping centers, fostering a family-friendly environment with a strong sense of community.

    Green Flags

    Convenient access to major highways
    Proximity to shopping and dining options
    Strong community atmosphere
    Access to quality schools

    Red Flags

    Traffic congestion during peak hours
    Noise from nearby highways
    Limited public transportation options
    Higher cost of living compared to surrounding areas
    Flood Risk Assessment
    FEMA flood zone information and historical flooding data

    Flood Zone

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    Historical Flooding

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