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$480,411

1519 Lago Vista Ln, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.03 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Microwave, Electric Cooktop, Electric Oven, Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size7,650 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2952-05-004-0040-914
Lot Number4
SubdivisionFalcon Landing Sec 5
Land UseResidential
Legal DescriptionFALCON LANDING SEC 5, BLOCK 4, LOT 4
Census Tract673107
Assessed Land Value$50,050
Assessed Improvement Value$452,246
Assessment Year2025

About this property

What a place to call home! From the incredible backyard oasis featuring a sparkling pool, outdoor kitchen, and large covered patio to the open concept floorplan and luxurious master suite inside there is so much to love about this home. The grand entryway opens into the family room where you can take in the tranquil views of your backyard through the wall of windows. The family room overlooks the kitchen and breakfast area for seamless family living. Your family chef will appreciate working in this kitchen with granite counters, plenty of space to work, and loads of storage. Relax and unwind in the private master suite with incredible natural light and a luxurious master bath with a huge walk-in closet. The oversized gameroom upstairs gives the kids their own space to play. This is a backyard that is ready for summer fun! Lush landscaping adds privacy and makes your backyard feel like a tropical oasis. Sprinkler system. Washer, dryer, both fridges, and basketball goal stay!

Investor Tools

Property Icon
$480,411
Estimated Property Value
$0Estimated Mortgage Balance
$480,411Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,882 /month
Positive
Cash Flow Estimate:
$961 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$683/month
$675/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,793
$480,411
2025
$50,050
$452,246
$502,296
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,793
$480,411

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$480,411
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$675/mo
+$2,665/mo
8.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1519 Lago Vista Ln | Property Details | No Agent List