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$606,290

NAL Estimated Property Value

1606 Tonkawa Trl, Katy, TX, 77493

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,394 Sq Ft
price_per_sqft$114.88 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesDishwasher, Microwave, Gas Cooktop, Convection Oven, Electric Oven, ENERGY STAR Qualified Appliances
FlooringCarpet, Tile

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APN422365-002-018-000
Lot Number18
SubdivisionCane Island 5
Land UseResidential
Legal DescriptionS422365 CANE ISLAND 5 BLK 2 LOT 18
Census Tract680100
Assessed Land Value$75,000
Assessed Improvement Value$531,290
Assessment Year2025

About this property

Put this on top of your list! Never flooded! Priced below market value and shows like a model home. Almost new PERRY home in Katy's newest master-planned community of CANE ISLAND! This home has 5 bedrooms, 4 1/2 baths, media room, game room, study, 2 story ceiling in family room/kitchen area with extended covered patio! 2 BEDROOMS DOWN! No backyard neighbors and within walking distance to the amazing community center! The community center is the heartbeat of Cane Island. You need to visit it to understand! It does include a fitness center, gathering area, pool and much more!

Investor Tools

Property Icon
$606,290
Estimated Property Value
$260,447Estimated Mortgage Balance
$345,843Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,638 /month
Positive
Cash Flow Estimate:
$1,213 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$990/month
$1,050/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$606,290
2025
$75,000
$531,290
$606,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$606,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sutherland Mortgage Services Inc
Conventional
$300,000
No
First
Sep 27, 2019
Oct 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,447
$345,843
57%
43%
$1,799/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.

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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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1606 Tonkawa Trl | Property Details | No Agent List