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$366,000

NAL Estimated Property Value

20427 Fairfield Park Way, Cypress, TX, 77433

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,208 Sq Ft
price_per_sqft$157.61 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

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 Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,233 sqft

Building Information

Year Built1999
Garage Spaces2

Land Information

APN1197330010012
Lot Number12
SubdivisionTrails Of Fairfield
Land UseResidential
Legal DescriptionLT 12 BLK 1 TRAILS OF FAIRFIELD SEC 3
Census Tract555701
Assessed Land Value$66,682
Assessed Improvement Value$252,874
Assessment Year2025

About this property

Newly listed 2-story home on a quiet culdesac street with mature shade trees! Charming covered front porch overlooks the front yard and updated landscaping. Upgrades include roof (approx 2 yrs), front door, crown molding, gorgeous laminate wood flooring, recent new carpet! Formal dining is just off the entry. Family room with corner fireplace & wall of windows overlooks the ample sized backyard. Kitchen opens to family room, and features a corner walk-in pantry, white cabinets with brushed nickel hardware, Corian counters, tumbled marble backsplash! Primary bedroom is downstairs with window seating. En-suite bath includes dual sink vanity, a separate shower with new glass surround, jetted garden tub. Gameroom and 3 nice size secondary bedrooms upstairs. Step out back to an extended patio area, so much lush grassy area & a wonderful mature shade tree. Plenty of room here for a future pool & so much more! This home is located just steps away from a quaint neighborhood park & playground.

Investor Tools

Property Icon
$366,000
Estimated Property Value
$296,120Estimated Mortgage Balance
$69,880Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,196 /month
Positive
Cash Flow Estimate:
$732 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$312/month
$970/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,917
$319,556
2025
$66,682
$252,874
$319,556
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,917
$319,556

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$319,500
No
First
Jun 27, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,120
$65,880
18%
81%
$1,916/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$2,886/mo
+$364/mo
10.7%

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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20427 Fairfield Park Way | Property Details | No Agent List