Neighborhood in Allen, Collin County

Living in Cypress Meadows, Allen

A+

2nd of 24areas in Allen
Overall score 98 of 100 vs Texas neighborhoods
Allen overall: A+

Cypress Meadows is a neighborhood in Allen, TX, home to about 2,400 people. It gets an A+, in the top 5% of Texas neighborhoods, and ranks 2nd of 24 areas we score in Allen. It does best on schools and worst on getting around.

  • Top-rated schools
  • Pricey
  • Well connected
  • River flooding risk is very high
  • Tornado risk is very high

Closest everyday places

Grocery store1.3 mi
Pharmacy1.3 mi
Park0.3 mi
Cafe1.3 mi
Restaurant0.6 mi
Gym0.6 mi
Hospital or urgent care0.6 mi
Childcare1.1 mi
Library2.4 mi

Straight-line distance from the middle of where people live. Overture Maps.

Population
2,430
Median rent
$1,850
Median home value
$635,000
Household income
$227,300
Average commute
31 min
Homes owned
90%
Loading map

What it's like to live in Cypress Meadows

Cypress Meadows is a neighborhood in Allen with about 2,400 residents, mostly newer homes (median year built 2011), mostly owner-occupied (90%) and 40% of households with children.

It grades A+ against every neighborhood in Texas and ranks 2nd of 24 areas in Allen, which grades A+ overall.

Pros of living in Cypress Meadows

  • Higher incomes. The median household earns $227,300, 74% higher than the Allen median.
  • Well-rated schools nearby. 3 of the 3 closest public schools are rated A or B.
  • Parks within walking distance. The closest park is about 0.3 miles away.

Cons of living in Cypress Meadows

  • Natural hazard risk. FEMA rates the risk of river flooding, tornadoes and heat waves as very high in this part of town.

Cypress Meadows report card

Each grade compares Cypress Meadows with every neighborhood in Texas. Safety is not graded for single neighborhoods because police report crime for the whole city.

  • Cost of living: grade B

    Median rent $1,850, homes cost 2.8x income.

    72 of 100 vs TX areas

  • Jobs and income: grade A

    Median household income $227,300, 0.9% unemployed.

    88 of 100 vs TX areas

  • Schools: grade A+

    Nearby schools average 94 of 100 on the state rating.

    98 of 100 vs TX areas

  • Safety: no grade

    Citywide, 79 violent crimes per 100k, 709 property crimes per 100k.

    No score vs TX areas

  • Errands and things to do: grade D+

    Some everyday stores and services within a mile of homes.

    32 of 100 vs TX areas

  • Getting around: grade D+

    Average commute 31 min, 35% work from home.

    28 of 100 vs TX areas

  • Education levels: grade A

    85% have a bachelor’s degree.

    92 of 100 vs TX areas

  • Health: grade A

    6.3% of adults uninsured.

    90 of 100 vs TX areas

  • Home ownership: grade A

    90% of homes owner-occupied.

    91 of 100 vs TX areas

  • Internet access: grade A

    100% of homes have broadband.

    91 of 100 vs TX areas

Cypress Meadows compared with Allen

Better than Allen

  • Renters paying 30%+ of income on rent: 0%54 points lower than Allen (54%)
  • Median household income: $227,30074% higher than Allen ($130,901)
  • Adults with a bachelor's degree or higher: 85%28 points higher than Allen (57%)

Worse than Allen

  • Average commute: 31 min11% higher than Allen (28 min)

Closest public schools

Texas Education Agency 2025 ratings. Check the attendance zone for any address with the district.

  • AMary Evans ElementaryElementary, Allen ISD0.6 mi
  • AEreckson MiddleMiddle, Allen ISD1.4 mi
  • ALiberty High SchoolHigh, Frisco ISD2.4 mi

Cost of living in Cypress Meadows

Median rent in Cypress Meadows is $1,850 a month, 4% lower than the Allen median. A household would need about $74,000 a year to keep that rent at 30% of income.

The median home is worth $635,000, 37% higher than the Allen median, which means a monthly payment of about $4,309 with property tax at today's mortgage rates.

MeasureHereAllenTexas
Median rent4% lower than Allen$1,850$1,932$1,403
Median home value37% higher than Allen$635,000$464,100$283,800
Home value to income21% lower than Allen2.8x3.5x3.6x
Renters paying 30%+ of income on rent54 points lower than Allen0%54%52%
Homes owned by the people living in them21 points higher than Allen90%69%63%
Vacant homes5 points lower than Allen0%4.7%9.4%
Median year homes were builtAbout the same as Allen201120031992

Monthly cost to buy a median home

$4,309
Mortgage payment
$3,476
Property tax
$833
Median rent, for comparison
$1,850

Based on a $635,000 home in Cypress Meadows, 20% down and a 30-year loan at 7.28% (Freddie Mac average, week of 2026-10-01). Property tax is the median for the surrounding Census tract, or the county where that is not published. Insurance and fees are not included.

Work, income and getting around

MeasureHereAllenTexas
Median household income74% higher than Allen$227,300$130,901$78,476
Unemployment rate3 points lower than Allen0.9%3.7%5.3%
People below the poverty line1 points higher than Allen7.2%6.1%14%
Adults with a bachelor's degree or higher28 points higher than Allen85%57%34%
Average commute11% higher than Allen31 min28 min27 min
Workers who work from home8 points higher than Allen35%27%14%
Workers who walk, bike or take transitAbout the same as Allen1.7%1.0%2.6%
Homes with broadband internet3 points higher than Allen100%97%91%

Natural hazard risk

FEMA National Risk Index for the Census tracts in this area.

  • River floodingVery high
  • HurricanesModerate
  • TornadoesVery high
  • HailVery high
  • Heat wavesVery high
  • WildfiresModerate
  • Winter stormsHigh
  • Strong windModerate

Who lives in Cypress Meadows

Under 1824%
18 to 349.4%
35 to 6453%
65 and over14%
Race and ethnicity
White43%
Hispanic or Latino2.9%
Black5.3%
Asian43%
Other or more than one race5.5%

Shown for information only. It is never part of any grade.

Other neighborhoods in Allen

  1. 1A+The Park At Montgomery Farm
  2. 3A+Allen NorthMedian rent $2,590
  3. 4A+Cumberland CrossingMedian rent $2,610
  4. 5A+Oak RidgeMedian rent $2,420
  5. 6A+SilhouetteMedian rent $2,860
  6. 7AGlendover ParkMedian rent $1,870
  7. 8ATwin CreeksMedian rent $1,920
  8. 9AShaddock ParkMedian rent $1,900

Similar neighborhoods in other cities

Areas elsewhere in Texas with the closest mix of grades.

  1. A+Appaloosa RunAustin
  2. A+Central Round RockRound Rock
  3. A+The Overlook Highland ShoresHighland Village

Questions about Cypress Meadows

Is Cypress Meadows a good place to live?

Cypress Meadows is a neighborhood in Allen, TX, home to about 2,400 people. It gets an A+, in the top 5% of Texas neighborhoods, and ranks 2nd of 24 areas we score in Allen. It does best on schools and worst on getting around.

How much does it cost to live in Cypress Meadows?

Median rent in Cypress Meadows is $1,850 a month, 4% lower than the Allen median. The median home is worth $635,000, 37% higher than the Allen median. A median home costs 2.8x the median household income, compared with 3.5x across Allen.

What schools serve Cypress Meadows?

The closest rated public schools are Mary Evans Elementary (elementary, rated A), Ereckson Middle (middle, rated A) and Liberty High School (high, rated A). School zones can differ from the closest school, so check with the district.

This area is built from 1 Census block group closest to the Cypress Meadows name on the map, so its edges are approximate. Sources: US Census Bureau 2020-2024 ACS 5-year, CDC PLACES 2025, Texas Education Agency, FEMA National Risk Index, Overture Maps. How we grade.