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$481,000

NAL Estimated Property Value

2110 Grandmill Lane, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,805 Sq Ft
price_per_sqft$118.68 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Electric Range, Electric Oven
FlooringLaminate, Tile, Wood

Exterior

Lot Size9,587 sqft

Building Information

Year Built1992
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2273-04-002-0070-914
Lot Number7
SubdivisionCinco Ranch Greenway Village Sec 4
Land UseResidential
Legal DescriptionCINCO RANCH GREENWAY VILLAGE SEC 4, BLOCK 2, LOT 7
Census Tract673005
Assessed Land Value$93,600
Assessed Improvement Value$356,817
Assessment Year2025

About this property

Welcome to 2110 Grandmill Ln!! This is City Of Katy living at its finest! Location is key in this Cinco Ranch Greenway Village CUL-DE-SAC with a gorgeous PARK across the street!! This home features recent interior paint, NEW ROOF IN 2019, LOW TAX RATE 2.583, large pool sized yard, REMODELED bathrooms and kitchen. The home is currently zoned to Fielder Elementary which is visible from your front yard. You can walk to the Elementary school without crossing any roads. Their are several community pools you can access in Cinco Ranch and the closest one is about a 5 minute walk!! The KATYISD school reports are available when you tour this home!! Beck Junior High and Cinco Ranch High School are the schools assigned to this address. Cinco Ranch is a MASTER PLANNED community with fabulous restaurants, library, stores, gyms, lakes, fishing, a GOLF COURSE, TRULY A LIFESTYLE!! NO FLOODING as per seller! POP IN SUNDAY MAY 24TH FROM 2 TO 4:30 FOR OUR FIRST OPEN HOUSE.

Investor Tools

Property Icon
$481,000
Estimated Property Value
$357,149Estimated Mortgage Balance
$123,851Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,886 /month
Positive
Cash Flow Estimate:
$962 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$596/month
$1,095/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,745
$450,417
2025
$93,600
$356,817
$450,417
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,745
$450,417

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$321,077
Yes
First
Jun 26, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$357,149
$123,851
25%
74%
$2,404/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,499/mo
$-159/mo
8.3%

Learn About the Market: Opportunity in Texas

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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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2110 Grandmill Lane | Property Details | No Agent List