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$407,000

15811 Eastern Meadowlark Way, Cypress, TX, 77429

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,657 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.31 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Oven, Microwave, Free-Standing Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,164 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1446800010023
Lot Number23
Land UseResidential
Legal DescriptionLT 23 BLK 1 TELGE RANCH SEC 5
Census Tract554501
Assessed Land Value$56,790
Assessed Improvement Value$349,961
Assessment Year2025

About this property

*This home is under construction.* Make wonderful memories in this lovely Lake Ridge Builders home in Telge Ranch. Nestled on an spacious lot, this 3-sided brick home boasts a premium elevation, no back neighbors, tile flooring, wrought iron spindles, a guest suite, dual vanities in the primary suite, a sprinkler system, and a covered patio. Spend afternoons in the kitchen, equipped with granite countertops, tile backsplash, stainless steel appliances, and 42” upper cabinets. 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. Arrange your private showing today!

Investor Tools

Property Icon
$407,000
Estimated Property Value
$352,960Estimated Mortgage Balance
$78,686Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,763 /month
Positive
Cash Flow Estimate:
$921 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$622/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,429
$406,751
2025
$56,790
$349,961
$406,751
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,429
$406,751

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$352,960
No
First
Aug 12, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,314
$78,437
19%
81%
$2,117/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,617/mo
+$173/mo
8.2%

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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15811 Eastern Meadowlark Way | Property Details | No Agent List