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$420,000

NAL Estimated Property Value

15606 Eastern Meadowlark Way, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,836 Sq Ft
price_per_sqft$147.31 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,769 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1443110010008
Lot Number8
Land UseResidential
Legal DescriptionLT 8 BLK 1 TELGE RANCH SEC 4
Census Tract554501
Assessed Land Value$57,356
Assessed Improvement Value$357,135
Assessment Year2025

About this property

Experience comfort like no other in this incredible Lake Ridge Builders home in the tranquil community of Telge Ranch. This home boasts a spacious lot, premium stone elevation, tile flooring, a tankless water heater, wrought iron spindles, a study with French doors, faux wood blinds, and a covered patio. Cook up amazing dishes in the kitchen complete with granite countertops, a tile backsplash, stainless steel appliances, and 42” upper cabinets. Get some much-needed rest and relaxation in the spa-like primary suite, which features a walk-in closet, dual vanities, a tub, and a shower. Telge Ranch’s amenities include a recreational park and splash pad. The community is located near the Grand Parkway and Hwy 249, giving residents easy access to a variety of dining, shopping, and entertainment options. Students attend schools in the acclaimed Cypress-Fairbanks ISD. This home is waiting for you – call today!

Investor Tools

Property Icon
$420,000
Estimated Property Value
$327,855Estimated Mortgage Balance
$92,145Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,445
$414,491
2025
$57,356
$357,135
$414,491
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,445
$414,491

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Conventional
$357,675
No
First
Dec 29, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,855
$87,145
20%
78%
$2,145/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,645/mo
+$145/mo
8.0%

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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15606 Eastern Meadowlark Way | Property Details | No Agent List