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$350,000

20323 Fairfield Park Way, Cypress, TX, 77433

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,152 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.64 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,011 sqft

Building Information

Year Built1999
Garage Spaces2

Land Information

APN1197330020007
Lot Number7
SubdivisionTrails Of Fairfield
Land UseResidential
Legal DescriptionLT 7 BLK 2 TRAILS OF FAIRFIELD SEC 3
Census Tract555701
Assessed Land Value$64,115
Assessed Improvement Value$258,741
Assessment Year2025

About this property

Prime location in Fairfield! This move-in ready home delivers updates galore, starting with a new roof and new upstairs carpet in July 2026, all replaced double-paned windows, and a remodeled Primary shower. The popular, spacious floorplan flows beautifully with wood laminate flooring throughout the main living areas downstairs. The open Kitchen shines with granite countertops and stainless steel appliances, keeping you connected to family and guests. Upstairs, large Secondary Bedrooms surround a spacious Gameroom - the perfect hangout, playroom, or media retreat. Step outside to a huge custom covered patio built for weekend cookouts, morning coffee, and year-round entertaining. Best of all, you're within walking distance of many of Fairfield's amenities, including the Athletic Center, ball fields, pickleball and tennis courts, park, 2 pools, and Keith Elementary School! Nothing left to do but move in and enjoy all this wonderful neighborhood offers.

Investor Tools

$227,749Estimated Mortgage Balance
$114,251Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Corey Guerrero

Acadia Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
$1,010/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,927
$322,856
2025
$64,115
$258,741
$322,856
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,927
$322,856

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$248,000
No
First
Apr 4, 2022
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,749
$114,251
33%
67%
$1,487/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$2,497/mo
+$753/mo
11.4%

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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