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$338,000

5542 Purple Meadow Ln, Fulshear, TX, 77441

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,852 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$180.89 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile

Exterior

Exterior FeaturesBalcony
Lot Size3,372 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN9621-01-001-0250-901
Lot Number25
SubdivisionWillows At Cross Creek Ranch Sec 1
Land UseResidential
Legal DescriptionWILLOWS AT CROSS CREEK RANCH SEC 1, BLOCK 1, LOT 25
Census Tract673202
Assessed Land Value$34,047
Assessed Improvement Value$265,543
Assessment Year2025

About this property

Welcome home to 5542 Purple Meadow Lane! This meticulously maintained townhome is located in the coveted neighborhood of Cross Creek Ranch w/ endless biking trails & recreational amenities. Stepping inside you'll be greeted by soaring ceilings & grand staircase leading you upstairs to the spacious, sun filled, open concept Living room, Kitchen & Dining area. The welcoming Kitchen has granite counter tops, stainless steel appliances, & undermounted cabinet lighting. Washer, Dryer & Fridge included w/ home. Oversized primary suite w/ Plantation Shutters & en suite bathroom w/ separate shower, soaking tub & walk-in closet offer a private oasis tucked away from the rest of the home. On the lower level is a full bathroom for the two large secondary bedrooms & versatile game room, currently used as home office. Stepping outside you'll find patio covered by second floor balcony & large backyard w/ endless landscaping possibilities. Home conveniently located to I-10 for quick commute times!

Investor Tools

Property Icon
$338,000
Estimated Property Value
$268,000Estimated Mortgage Balance
$79,214Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$438/month
$1,300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,564
$299,590
2025
$34,047
$265,543
$299,590
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,564
$299,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carrington Mortgage Services Llc
Conventional
$268,000
No
First
Jun 6, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,786
$87,214
25%
77%
$1,607/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,760/mo
$2,907/mo
$-1,147/mo
6.2%

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: Fulshear

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5542 Purple Meadow Ln | Property Details | No Agent List