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$450,000

1118 Cheyenne Meadows Drive, Katy, TX, 77450

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,106 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.68 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size7,131 sqft

Building Information

Year Built1989
Stories2
Garage Spaces2

Land Information

APN1130280400029
Lot Number29
SubdivisionCimarron
Land UseResidential
Legal DescriptionLT 29 BLK 40 CIMARRON SEC 9 R/P
Census Tract455102
Assessed Land Value$69,230
Assessed Improvement Value$257,742
Assessment Year2025

About this property

1118 Cheyenne Meadows is located in the Cimarron Subdivision in Katy, TX. Home is surrounded with beautiful mature trees and recently updated through out! Featuring 4 bedrooms, 2.5 bathrooms, and approximately 2106 square feet of living space, the home is filled with natural light and beautiful upgrades throughout. The beautifully updated kitchen showcases white cabinetry, granite counters, stainless steel appliances, abundant storage, and an open layout ideal for entertaining and everyday living. The spacious living areas create a inviting atmosphere and functional flow. The home features a backyard private retreat with a sparkling inground swimming pool and jacuzzi. Conveniently located near schools, shopping, entertainment, restaurant's call today to view this beauty!

Investor Tools

Property Icon
$326,972
Estimated Property Value
$0Estimated Mortgage Balance
$103,946Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Vivian Zamora

Town & Country Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$444/month
$558/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,699
$326,972
2025
$69,230
$257,742
$326,972
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,699
$326,972

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Woto Assets I Llc
Conventional
$229,500
No
First
Oct 17, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,026
$103,946
31%
68%
$1,376/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$1,934/mo
+$896/mo
10.4%

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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1118 Cheyenne Meadows Drive | Property Details | No Agent List