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$997,000

5502 Caspian Falls Ln, Fulshear, TX, 77441

Off Market

5 Beds

4 Bath

5,214 Sq Ft

Single Family Residence

$113.14 / sqft

Built in 2013

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Double Oven, Electric Oven

FlooringCarpet, Tile, Wood

Exterior

Lot Size14,071 sqft

Building Information

Year Built2012

Roof Type105

Garage Spaces4

Land Information

APN2690-01-002-0070-914

Lot Number7

SubdivisionCreek Cove At Cross Creek Ranch Sec 1

Land UseResidential

Legal DescriptionCREEK COVE AT CROSS CREEK RANCH SEC 1, BLOCK 2, LOT 7

Census Tract673202

Assessed Land Value$144,430

Assessed Improvement Value$775,308

Assessment Year2025

About this property

Mediterranean inspired stucco & stone home sits on premium 14,000+ CORNER LOT in the highly sought after Creek Cove section of Cross Creek Ranch. 5 bedrooms and over 5100 SF of living space provides plenty of room. As you step through the double front doors, rich HARDWOOD floors warm the foyer and extend throughout the entire first floor~Gorgeous! Elegant Formal Dining. Handsome Study w/ French Doors. PLANTATION SHUTTERS. Granite counters, DBL OVENS, WINE CHILLER, NEWLY PAINTED CABINETS & UPDATED PENDANT LIGHTS make the kitchen a recipe for success. Living Room features 2 built in entertainment cabinets. Escape to the Master suite complete w/ luxurious bath & dual closets w/ extensive built ins. Head upstairs to find 4 spacious bedrooms! GAMEROOM & TIERED MEDIA bring the fun! Don't miss the hidden storage closet! Wrought IRON driveway GATE opens to PORTE-COCHERE and circular AUTO COURT to make parking several cars a breeze! Fresh paint~inside & out!! 3D Tour is posted online! KATY ISD

Investor Tools

$997,000

Estimated Property Value

$437,000Estimated Mortgage Balance

$512,831Estimated Equity

56% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,982 /month

Positive

Cash Flow Estimate:

$1,994 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,475/month

$1,300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$12,712

$841,858

2025

$144,430

$775,308

$919,738

Tax History

Year

Tax Paid

Assessed Value

2025

$12,712

$841,858

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Gateway First Bank

Conventional

$437,000

First

Jul 17, 2020

Aug 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$484,169

$495,831

50%

49%

$3,221/mo

Learn About the Market: Opportunity in Texas

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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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