B+

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Owner Contacts

$373,000

NAL Estimated Property Value

1322 Ragsdale Ln, Katy, TX, 77494

Off Market

4 Beds

3 Bath

2,367 Sq Ft

Single Family Residence

$130.97 / sqft

Built in 1998

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size8,381 sqft

Building Information

Year Built1998

Garage Spaces2

Land Information

APN1185010010018

Lot Number18

SubdivisionCinco Ranch Meadow Place

Land UseResidential

Legal DescriptionLT 18 BLK 1 CINCO RANCH MEADOW PLACE SEC 4

Census Tract455102

Assessed Land Value$75,879

Assessed Improvement Value$274,539

Assessment Year2025

About this property

4 BEDROOM 2.5 BATH nestled in CINCO RANCH MEADOW PLACE. Enter this beautiful home to the formal living and dining just off the entry with laminate flooring and crown molding. Continue on to the family room featuring high ceilings, corner fireplace, laminate flooring and wall of windows to the backyard. Lovely kitchen w/granite counters, undermount lighting, stainless appliances and walk in pantry. Large primary suite with sitting area and en suite bath. 3 Large secondary bedrooms and bathroom up. Good sized backyard with no back neighbors (backs to a sports field behind a church). **ROOF, AC's & WATER HEATERS 2017**This home has an amazing location just minutes from Grand Parkway, I-10, Westpark Tollway and La Centerra shopping center with dining, shopping and entertainment. Cinco Ranch community has 10+ pools, walking/biking nature trails, tennis courts, pocket parks (there is one just a block away) and so much more! KATY ISD SCHOOLS. NO FLOODING!

Investor Tools

$373,000

Estimated Property Value

$301,640Estimated Mortgage Balance

$71,360Estimated Equity

20% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,238 /month

Positive

Cash Flow Estimate:

$746 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$587/month

$1,115/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,184

$350,418

2025

$75,879

$274,539

$350,418

Tax History

Year

Tax Paid

Assessed Value

2024

$5,184

$350,418

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$328,462

First

Jan 13, 2022

Feb 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$301,640

$77,360

20%

81%

$1,970/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$3,085/mo

+$255/mo

10.7%

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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