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Days26Days on Market
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$312,500

1016 Caramel Shores Drive, Katy, TX, 77493

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,127 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.92 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size4,487 sqft

Building Information

Year Built2022
Stories2
Garage Spaces2

Land Information

APN800010-003-005-000
Lot Number5
SubdivisionSunterra 10
Land UseResidential
Legal DescriptionS800010 SUNTERRA 10 BLK 3 LOT 5
Census Tract680100
Assessed Land Value$54,000
Assessed Improvement Value$283,570
Assessment Year2025

About this property

This beautiful home in Sunterra features four bedrooms, three bathrooms, an open kitchen, and covered porch in the front and back. A large game room with study nook is perfect for gathering. The primary suite upstairs offers a soaking tub and walk-in shower, along with a big closet. Located in Sunterra, a 2,303-acre master-planned community in Katy, this community offers amenities like The Sol Club Lagoon Amenity Village, The Retreat Lazy River Amenity Village, dog park, sports fields, tennis courts, and a fitness center. Residents can also enjoy community-wide events planned by the Lifestyle Director throughout the year. Whether you are looking to relax at home, or with your neighbors in one of the many amenities, this home is ready for it's next owners!

Investor Tools

$272,486Estimated Mortgage Balance
$65,084Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,025 /month
Positive
Cash Flow Estimate:
$675 /month

Interested in this property?

Elisa Hrachovina

Oak Story Realty, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$141/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$337,570
2025
$54,000
$283,570
$337,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$337,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pulte Mortgage Llc
Conventional
$294,000
No
First
Jul 15, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,486
$65,084
19%
81%
$1,763/mo

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.

Explore Texas Explore This Area
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: Katy

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1016 Caramel Shores Drive | Property Details | No Agent List