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$579,951

2134 Summer Gardens Ln, Katy, TX, 77493

Off Market

3 Beds

3 Bath

3,148 Sq Ft

Single Family Residence

$130.24 / sqft

Built in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile

Exterior

Exterior FeaturesOutdoor Kitchen

Lot Size10,498 sqft

Building Information

Year Built2015

Garage Spaces1

Land Information

APN1348820030011

Lot Number11

SubdivisionFalls At Green Meadows

Land UseResidential

Legal DescriptionLT 11 BLK 3 FALLS AT GREEN MEADOWS SEC 3

Census Tract542800

Assessed Land Value$80,388

Assessed Improvement Value$499,563

Assessment Year2025

About this property

FANTASTIC Lennar home located in the the Heart of Katy-Falls in Green Meadows! Wonderful “Diamond” floorplan features -3/4 bedrooms/3 baths, game room, study and formal dining w/curb appeal GALORE! AMAZING, spacious backyard w/ extended covered patio & outdoor kitchen! LOADS of UPGRADES! Gorgeous tile sweeps you into soaring ceilings! 8 foot doors! Open floor plan! Great natural light! Wonderful, oversized island kitchen features gorgeous granite, custom backsplash, ss appliances, pendant lights & walk-in pantry! 2 PRIVATE, SPACIOUS MASTER SUITES-separate showers with seats, framed mirrors, granite counters, walk-in closets! Large secondary bedrooms w/ walk-in closets! LOADS of storage! Katy ISD! Zoned to Katy Elementary, Jr. High and High School-Home of Champions! Home did NOT flood! LOADS of shopping, parks & activities close by! Great subdivision amenities- meandering trails, relaxing lakes, sparkling pool & recreation center! Call today to schedule your private showing!

Investor Tools

$579,951

Estimated Property Value

$162,000Estimated Mortgage Balance

$452,320Estimated Equity

72% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,480 /month

Positive

Cash Flow Estimate:

$1,160 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$769/month

$1,100/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,328

$579,951

2025

$80,388

$499,563

$579,951

Tax History

Year

Tax Paid

Assessed Value

2024

$6,328

$579,951

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Universal American Mortgage Co

Conventional

$162,000

First

May 31, 2016

Jun 2046

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$127,631

$452,320

77%

22%

$972/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$2,072/mo

+$158/mo

4.6%

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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