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$1,031,830

NAL Estimated Property Value

2006 Rice Mill Dr, Katy, TX, 77493

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,956 Sq Ft
price_per_sqft$181.6 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesDisposal, Dishwasher

Building Information

Year Built2015
Stories2
Garage Spaces8

Land Information

APN422367-001-034-000
Lot Number34
SubdivisionCane Island 7
Land UseResidential
Legal DescriptionS422367 CANE ISLAND 7 BLK 1 LOT 34
Census Tract680100
Assessed Land Value$130,000
Assessed Improvement Value$901,830
Assessment Year2025

About this property

Nestled within the exclusive and highly sought-after gated section of the prestigious Cane Island subdivision, this remarkable 5 bedroom home offers it all. With meticulous attention to detail, this residence is an embodiment of upscale living in a picturesque neighborhood with lots of walking trails. With recently replaced carpet, a spacious living areas, gourmet kitchen, and sumptuous bedrooms make this home an entertainer's dream. A dedicated home office and an entertainment room offer practical spaces for work and leisure. Enjoy the added security and sense of community in the gated section of Cane Island, along with all the amenities this subdivision has to offer. The development feature a lagoon-style pool and cabanas, childrens water playground, two-story fitness center and adjacent yoga studio, fireplace loft and a central lawn for community gatherings. Is it also the home to The Oaks Kitchen and Bar, a full service restuarant open for lunch and dinner.

Investor Tools

Property Icon
$1,031,830
Estimated Property Value
$380,782Estimated Mortgage Balance
$651,048Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,191 /month
Positive
Cash Flow Estimate:
$2,064 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,685/month
$2,068/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,031,830
2025
$130,000
$901,830
$1,031,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$1,031,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$383,000
No
First
Jan 15, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$380,782
$651,048
63%
37%
$2,297/mo

City: Katy

2006 Rice Mill Dr | Property Details | No Agent List