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$550,000

15702 Cascading Brook Way, Cypress, TX, 77433

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,577 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.76 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

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
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size11,430 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN1174010020015
Lot Number15
SubdivisionFairfield Chappell Ridge
Land UseResidential
Legal DescriptionLT 15 BLK 2 FAIRFIELD CHAPPELL RIDGE SEC 4
Census Tract555703
Assessed Land Value$106,342
Assessed Improvement Value$481,706
Assessment Year2025

About this property

Beautiful 2-story home (one owner!) on a large corner lot with 4 bedrooms, 3.5 baths, 3-car detached garage, and a resort-style pool. Features soaring ceilings, spacious living and dining areas, and an open-concept kitchen with Corian countertops, walk-in pantry, and ample prep space. Primary suite offers a jetted tub, separate shower, and dual vanities. Upstairs includes spacious secondary bedrooms, full baths, and a game room. Backyard retreat features a Platinum Pools chlorinated pool (2013) with rock waterfall, tanning ledge, and large patio. Updates include 2022 roof, 2023 interior paint, recently cleaned carpet, 2024 garage doors/openers, and 2026 upstairs HVAC. Additional highlights include plantation shutters, hardwired ADT cameras, and gutters front/back. Fairfield amenities include lakes, trails, parks, pools, tennis courts, sports fields, and fitness center. Convenient to Hwy 290, Grand Parkway, shopping, dining, and zoned to top-rated Cy-Fair ISD schools.

Investor Tools

$260,909Estimated Mortgage Balance
$327,528Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,528 /month
Positive
Cash Flow Estimate:
$1,176 /month

Interested in this property?

Shelley Cooley

eXp Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$298/month
$1,050/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$637
$588,048
2025
$106,342
$481,706
$588,048
No

Tax History

Year
Tax Paid
Assessed Value
2024
$637
$588,048

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Conventional
$263,594
No
First
Nov 20, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,909
$327,139
55%
44%
$1,581/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$2,631/mo
+$619/mo
6.6%

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.

Explore Texas Explore This Area
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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