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$608,000

NAL Estimated Property Value

1611 Lake Grayson Dr, Katy, TX, 77494

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,787 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.66 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size11,054 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2536-06-002-0140-914
Lot Number14
SubdivisionCountry Lakes At Grayson Lakes Sec 6
Land UseResidential
Legal DescriptionCOUNTRY LAKES AT GRAYSON LAKES SEC 6, BLOCK 2, LOT 14
Census Tract673108
Assessed Land Value$78,650
Assessed Improvement Value$514,587
Assessment Year2025

About this property

This beautiful 5 bedroom, 3.5 bath is perfectly located on a huge lot with no back neighbors! The welcoming entry shines straight to the elongated windows overlooking the backyard and maybe even future pool! Kitchen is open to the living room and dual sided fireplace. Upstairs is perfect for the family, with a large lofted area looking down into the family room. You'll also find the oversized game room, 4 bedrooms, and 2 full baths! These original owners have meticulously cared for this home- Schedule your private showing today!

Investor Tools

Property Icon
$608,000
Estimated Property Value
$318,613Estimated Mortgage Balance
$289,387Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,648 /month
Positive
Cash Flow Estimate:
$1,216 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$880/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,520
$593,237
2025
$78,650
$514,587
$593,237
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,520
$593,237

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encompass Lending Group Lp
Conventional
$358,625
No
First
Aug 14, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,613
$280,387
46%
52%
$2,151/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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1611 Lake Grayson Dr | Property Details | No Agent List