Mischer Investments: Planned Communities, Commercial Developments, Residential Developments. For over 65 years, Mischer Investments has become synonymous with shaping communities and enriching lives. Mischer-related entities invest in and develop a wide variety of projects including planned communities, residential developments, commercial developments, mixed-use development, land investments, and health care investments. Cypress Creek Lakes is a Mischer Investments master-planned community within the charming Northwest Houston suburb of Cypress, Texas, at a convenient location on Fry Rd. just off of State Highway 290. The prestigious Cy-Fair Independent School District hosts three new K-12 schools within the community itself, and it also neighbors the Lone Star College campus. This Cypress community offers new homes for sale by some of the most recommended home builders in Cypress and Houston, including Perry Homes, Coventry Homes, and Meritage Homes.