1view

Owner Contacts

$750,000

NAL Estimated Property Value

22311 Fairbay Dr, Katy, TX, 77450

Off Market

5 Beds

4 Bath

3,552 Sq Ft

$196.79 / sqft

Built in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer

FlooringTile, Wood

Exterior

Private Pool

Lot Size12,670 sqft

Building Information

Year Built1992

Stories2

Roof Type105

Garage Spaces2

Land Information

APN2271-04-002-0520-914

Lot Number52

SubdivisionCinco Ranch South Lake Village Sec 4

Land UseResidential

Legal DescriptionCINCO RANCH SOUTH LAKE VILLAGE SEC 4, BLOCK 2, LOT 52

Census Tract673005

Assessed Land Value$108,680

Assessed Improvement Value$583,678

Assessment Year2025

About this property

THIS IS THE ONE! Don't miss this Beautiful 5 bedroom, 3.5 baths, with oversized 3 car garage all nestled on a cul-de-sac in Cinco Ranch South Lake Village. Right off the entry you will find an executive study with french doors and formal dining. The large living room overlooks the large Oasis backyard with pool, spa and lush, mature landscaping. The Gourmet Kitchen was updated in 2016 with open kitchen/living space perfect for entertaining, large island kitchen and new flooring. FRIDGE/WASHER/DRYER INCLUDED! Breakfast nook with bay windows. Gorgeous hardwood floors throughout the house including the second floor. NO Carpet! Primary suite has access to the backyard/pool area and includes an en suite with double closets, separate shower and soaking tub. Large Game Room upstairs. Enjoy all of the Cinco amenities including walking trails and the beach club pool facility...all just a short walk away. Easy access to Grand Parkway and I-10 and a short drive to British International School.

Investor Tools

$750,000

Estimated Property Value

$0Estimated Mortgage Balance

$750,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,500 /month

Positive

Cash Flow Estimate:

$1,500 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,158/month

$1,300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,146

$692,358

2025

$108,680

$583,678

$692,358

Tax History

Year

Tax Paid

Assessed Value

2025

$10,146

$692,358

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$758,000

100%

$0/mo

Learn About the Market: Opportunity in Texas

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 This Area