What $400K Buys in Cypress, TX Right Now (June 2026)

If you’re shopping for homes for sale in Cypress under $400K right now, here’s the honest picture: $400,000 sits right around the middle of the Cypress market, so it’s a real budget that opens real doors — but what it buys depends a lot on whether you go new construction or resale, and which corner of Cypress you’re looking in. Here’s what that money gets you right now — including a live look at actual listings approaching this budget, further down the page.

The Cypress market at a glance

Cypress is sitting in balanced territory this summer — not the bidding-war frenzy of a few years back, and not a fire sale either. The median sale price across Cypress is hovering right around the $400,000s, with inventory near five to six months of supply (a balanced market is generally 5–6 months) and homes taking roughly 40 to 60 days to sell, depending on the neighborhood and how sharply they’re priced. You can check the current Cypress numbers any time on HAR.com’s Cypress market page. For a buyer, balanced is good news: you have room to negotiate, time to think, and a healthy number of homes to choose from. At the $400K band specifically, there are usually several hundred active listings at once — plenty of options, but the good ones still move when they’re priced right.

What $400K buys in new construction

Cypress is still one of the most active new-build corners of the Houston area, and $400,000 is squarely in builder territory. In that band you’re typically looking at a 3- to 4-bedroom, 2 to 2.5-bath home somewhere in the 1,600 to 2,200 square-foot range — open-concept layout, modern finishes, an attached two-car garage, and a small to mid-size yard. Builders like to advertise base prices in the low $300s; by the time you add the lot premium, a few upgrades, and the fence and blinds the model home had, you’re often right at $400K. Communities like Bridgeland and Towne Lake anchor the master-planned end, with Cypress Creek Lakes, Miramesa, and Marvida offering newer sections in the same range. One thing I always flag to new-construction buyers: nearly all of these communities sit inside a MUD — a municipal utility district — which adds to your tax rate. I wrote a whole post on what a MUD district means for your property taxes so you’re not surprised at closing.

What $400K buys in resale

Go the resale route and the same $400,000 usually buys you more square footage and a bigger lot — just in an established neighborhood with a little age on it. Think a 4-bedroom, roughly 2,400 to 2,800 square-foot two-story built in the 2000s or 2010s, often with mature trees, a real backyard, and sometimes a pool. Established Cypress communities like Coles Crossing, Fairfield, Blackhorse Ranch, and Stone Gate frequently have homes trading right in this range. The trade-off is the usual one: more space and settled landscaping versus a brand-new build with a builder warranty and nobody else’s wear and tear. Neither is “better” — it depends on whether you’d rather have room and trees or new-and-untouched.

Is this a buyer’s or a seller’s segment?

Right now the $400K Cypress segment leans gently buyer-friendly. With inventory in that balanced five-to-six-month range and homes sitting a month or two before selling, sellers who overprice are sitting, while well-kept, fairly-priced homes still move. That gives you room to ask for closing-cost help, to make an offer with an inspection and option period instead of being told to waive everything, and to actually negotiate. It’s not a market where you need to panic — but the genuinely good homes at a fair price still go under contract quickly, so being pre-approved and ready to tour matters. If you’re newer to all this, my guide to the Houston home-buying process walks through each step.

A couple of local tips

Two things I tell every Cypress buyer. First, check the school zoning for the exact address, not just the community — Cypress is split across Cy-Fair ISD attendance zones, and the assigned schools can change street to street. Second, ask about the full tax rate (MUD included) and any HOA dues before you fall in love with a listing price; in some newer sections those line items meaningfully change your monthly payment. If you want help running those numbers, my post on how much down payment you really need in Houston is a good place to start.

A live look: Cypress homes from $350K to $400K

These aren’t hand-picked examples that will be under contract by the time you read this — they’re active HAR MLS listings in the upper half of this budget, pulled straight from my live IDX feed. The grid below updates itself as homes sell and new ones hit the market:

$400,000 Active

16403 Mauve Orchid Way Cypress, Texas

4 Beds 3 Baths 2,298 SqFt 0.249 Acres

$400,000 Active

19323 Hamilton Hills Drive Cypress, Texas

3 Beds 2 Baths 1,721 SqFt 0.151 Acres

$389,000 Active

15326 Leal Rancho Court Cypress, Texas

3 Beds 3 Baths 1,964 SqFt 0.106 Acres

$385,000 Active

18215 Maple Arbor Court Cypress, Texas

4 Beds 3 Baths 3,273 SqFt 0.153 Acres

$385,000 Active

8426 Woodland Knoll Lane Cypress, Texas

5 Beds 3 Baths 3,072 SqFt 0.188 Acres

$384,900 Active

21026 Salt Rock Drive Cypress, Texas

4 Beds 3 Baths 2,552 SqFt

That’s just a sample — you can browse every Cypress home from $350K to $400K, step down to the $300K–$350K range, or start from all Cypress homes for sale and set your own filters.

See every Cypress home in your budget right now

Prefer to hunt on a map? You can see every active listing in Cypress right now on the map search on my site, draw your own boundary, and filter to your price range. Prefer your phone? The free Houston Prime Realty app runs on a live MLS feed, so you’ll see new Cypress listings and price drops the moment they happen — not the delayed data the national portals show. And if you’d rather I just do the digging, tell me what you’re after and I’ll set up a tailored search, flag the homes actually worth your time, and tell you what a listing photo won’t — about the street, the flood history, the schools, and resale. Want to get to know the area first? Start with my local’s guide to living in Cypress.

Get new Cypress listings the day they hit the market

If you’d like this search working for you around the clock, sign up below. I’ll set up an alert for your exact budget, and you’ll get an email the moment a new Cypress home in your range is listed or drops its price — no spam, and you can opt out anytime.

Kevan Pewitt is a licensed Texas REALTOR® and Broker. Houston Prime Realty supports Equal Housing Opportunity. Market figures are general and current as of publication; verify current conditions for any specific home. Listings shown are pulled live from the HAR MLS and change throughout the day.

Last updated: July 2026