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$493,000

NAL Estimated Property Value

15322 Turning Tree Way, Cypress, TX, 77433

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,339 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.83 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size8,725 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1225620020001
Lot Number1
SubdivisionFairfield Village West
Land UseResidential
Legal DescriptionLT 1 BLK 2 FAIRFIELD VILLAGE WEST SEC 8
Census Tract555703
Assessed Land Value$76,079
Assessed Improvement Value$350,832
Assessment Year2025

About this property

Location Location Location! A must-see new listing, sitting next to a pocket park and greenbelt, great low traffic little neighborhood in beautiful Fairfield! 3 Car Garage w/exit door to the back yard. All Sides Brick home with Covered Front Porch. Step inside to a beautifully updated interior! Rich dark wood-look tile floors thruout the downstairs. Brand new plush carpet just installed upstairs. Private Study with French Door. Spacious Dining Room. Updated bronze lighting and fans. Open Design Kitchen with Granite Counters, porcelain farm sink, breakfast bar, gas cooking, stainless appliances. Dark stained cabinets w/under cabinet lighting. Gas Log Fireplace. Primary Bedroom Downstairs. HUGE upstairs Gameroom. 4 Large Secondary Bedrooms upstairs (one with a private full ensuite bathroom) Great Closet Space and Walk-in Attic that could store a LOT! Wonderful large back yard with plenty of room to play! Both AC's recently updated! Radiant Barrier, Double Pane Windows, & much more!

Investor Tools

Property Icon
$493,000
Estimated Property Value
$164,795Estimated Mortgage Balance
$328,205Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,958 /month
Positive
Cash Flow Estimate:
$986 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$444/month
$1,012/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,864
$426,911
2025
$76,079
$350,832
$426,911
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,864
$426,911

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Justice Federal Credit Union
Conventional
$184,000
No
First
Dec 18, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,795
$274,205
62%
33%
$1,104/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$2,116/mo
+$1,134/mo
7.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Cypress

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15322 Turning Tree Way | Property Details | No Agent List