Windows 95 (being a 32-bit operating system) is a bit more resource intensive than Windows 3.x.
For satisfactory performance, you need a fast 486 CPU (486DX2 66 MHz or higher) with 8MB of RAM.
The Cx486SRx2 is actually nothing more than a 386SX on steroids. Internally, it did have the 486 instruction set with 1 KB of L1 cache, but your main limiting factor is going to be your 16-bit external data bus. At best, you will probably get similar performance to that of a 386DX 33 MHz (just check whether your L1 cache is enabled - there are utilities available for this).
The Cx486DRx2 is a different story and will yield much better performance, but that is an upgrade path for a 386DX based system.
You will most likely find that your overall performance with Windows 95 based games will not be satisfactory with this CPU, but give it a go and let us know what your findings are.
The onboard L1 cache and more onboard RAM (the theoretical maximum is 16 MB, but my 386SX based motherboard only supports up to 8 MB) should help to maximise performance.