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$428,000

NAL Estimated Property Value

15515 Township Glen Ln, Cypress, TX, 77433

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,881 Sq Ft
price_per_sqft$118.01 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator, Cooktop
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,867 sqft

Building Information

Year Built1992
Garage Spaces2

Land Information

APN1168050020008
Lot Number8
SubdivisionFairfield Chappell Ridge
Land UseResidential
Legal DescriptionLT 8 BLK 2 FAIRFIELD CHAPPELL RIDGE SEC 1
Census Tract555703
Assessed Land Value$83,419
Assessed Improvement Value$289,581
Assessment Year2025

About this property

All this home needs is some TLC. This impressive 1 story, 2881 sq foot home in Fairfield Chappel Ridge has beautiful curb appeal and offers a classic design featuring 4 bedrooms and 2.5 baths. Primary bedroom is oversized with an additional sitting area; the half bath is also a bonus in this one story. The interior is in need of some updating but at this price point and great area, close to schools, shopping, entertainment, restaurants, you can't beat it. Being SOLD AS IS. Call us today for a private showing.

Investor Tools

Property Icon
$428,000
Estimated Property Value
$215,441Estimated Mortgage Balance
$212,559Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,568 /month
Positive
Cash Flow Estimate:
$856 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$189/month
$1,050/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$129
$373,000
2025
$83,419
$289,581
$373,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$129
$373,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexera Holding Llc
Conventional
$221,000
No
First
Dec 4, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,441
$216,559
50%
50%
$1,326/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$2,376/mo
+$874/mo
9.1%

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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15515 Township Glen Ln | Property Details | No Agent List