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Owner Contacts

$566,000

10002 Springfield Ridge Dr, Katy, TX, 77494

Off Market

5 Beds

4 Bath

3,258 Sq Ft

Single Family Residence

$135.05 / sqft

Built in 2011

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size10,565 sqft

Building Information

Year Built2011

Stories2

Roof Type105

Garage Spaces3

Land Information

APN2278-52-004-0130-914

Lot Number13

SubdivisionCinco Ranch Southwest Sec 52

Land UseResidential

Legal DescriptionCINCO RANCH SOUTHWEST SEC 52, BLOCK 4, LOT 13

Census Tract673110

Assessed Land Value$103,961

Assessed Improvement Value$460,010

Assessment Year2025

About this property

Location is KEY with this picture-perfect 5BR/3.5BATH/3CAR GARAGE Cinco Southwest beauty. Nestled on a corner lot, this 3300 square foot home is THE most functional floorpan out there. With TWO bedrooms down including the primary bedroom and its Texas sized en-suite plus a secondary bathroom with its own full bathroom steps away, there is plenty of features that makes it so very hard to not love everything this plan has to offer. Every single one of your MUST NEED boxes will be checked off including a home office, formal dining with gorgeous hardwood flooring, grand kitchen open to the living room, two story entry and living room giving you plenty of natural light. Walk upstairs and you will find three additional secondary bedrooms PLUS a separate media room and game room. Conveniently located across from the community park, this quaint little section of Cinco Southwest is perfect for your outdoor activities, too. BONUS:Easy access to 1093/1463 plus all the conveniences of Cinco Ranch.

Investor Tools

$566,000

Estimated Property Value

$423,000Estimated Mortgage Balance

$178,993Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,396 /month

Positive

Cash Flow Estimate:

$1,132 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$835/month

$1,150/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,185

$563,971

2025

$103,961

$460,010

$563,971

Tax History

Year

Tax Paid

Assessed Value

2025

$7,185

$563,971

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Home Point Financial Corporation

Conventional

$423,000

First

Nov 5, 2021

Nov 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$387,007

$187,993

32%

68%

$2,537/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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