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$446,000

2023 Garden Terrace Drive, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,452 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.52 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesDock
Lot Size7,800 sqft

Building Information

Year Built1992
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2273-01-003-0330-914
Lot Number33
SubdivisionCinco Ranch Greenway Village Sec 1
Land UseResidential
Legal DescriptionCINCO RANCH GREENWAY VILLAGE SEC 1, BLOCK 3, LOT 33
Census Tract673005
Assessed Land Value$87,230
Assessed Improvement Value$313,289
Assessment Year2025

About this property

Welcome to this beautifully maintained 4-bed, 2.5-bath home offering timeless curb appeal & a spacious layout. RECENT ROOF and HVAC-also paint and carpet too-a portable generator provides whole home power! Just off the entry, a versatile formal living room with built-ins can serve as a sitting area or home office. The adjacent formal dining room offers crown & chair-rail molding with easy access to the kitchen. The chef-inspired kitchen features granite counters, a large island, double ovens, a gas cooktop, abundant cabinetry, & more! A bright breakfast area connects the kitchen to the inviting family room, where a classic brick fireplace with raised hearth creates a warm focal point. The private primary suite offers a relaxing retreat with a spa-like bath, while generously sized secondary bedrooms provide flexible living space. Enjoy the large backyard with a spacious patio! You'll love this Cinco Ranch gem zoned to top-rated Katy ISD schools with exceptional community amenities.

Investor Tools

Property Icon
$446,000
Estimated Property Value
$0Estimated Mortgage Balance
$381,195Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$491/month
$1,550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,661
$400,519
2025
$87,230
$313,289
$400,519
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,661
$400,519

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Credit Line (Revolving) / Heloc
$100,000
No
First
Jun 8, 2011
Jun 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$64,805
$381,195
85%
15%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,150/mo
+$1,190/mo
9.0%

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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2023 Garden Terrace Drive | Property Details | No Agent List