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$448,978

NAL Estimated Property Value

22406 Cascade Springs Dr, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,709 Sq Ft
price_per_sqft$184.2 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Electric Range, Electric Oven

Exterior

Lot Size7,047 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3519-09-002-0660-914
Lot Number66
SubdivisionGrand Lakes Sec 9
Land UseResidential
Legal DescriptionGRAND LAKES SEC 9, BLOCK 2, LOT 66
Census Tract673010
Assessed Land Value$57,200
Assessed Improvement Value$391,778
Assessment Year2025

About this property

Welcome to this beautiful executive home located in the highly desirable Grand Lakes community. This move-in ready property features a brand-new roof (April 2025), fresh interior paint throughout including doors and trims, and new carpet on the stairs and second floor. The spacious open floor plan is perfect for both everyday living and entertaining, with upgraded laminate and tile flooring in the main areas. The kitchen boasts custom cabinetry and elegant backsplash inlays, complemented by abundant natural light and soaring ceilings. The large first-floor primary suite offers an en-suite bathroom. Dual vanities, separate shower. Upstairs, you’ll find a second master suite with en-suite bath and a generous game room. The pool-ready backyard offers lush green space, ideal for outdoor living. Enjoy phenomenal neighborhood amenities and top-rated Katy ISD schools. Zoned to Seven Lake High School. This home truly combines comfort, style, and location—schedule your showing today!

Investor Tools

Property Icon
$448,978
Estimated Property Value
$403,242Estimated Mortgage Balance
$45,736Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$800/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,359
$448,978
2025
$57,200
$391,778
$448,978
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,359
$448,978

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$408,000
No
First
Sep 24, 2025
Oct 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$403,242
$45,736
10%
90%
$2,447/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,647/mo
$-307/mo
8.9%

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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22406 Cascade Springs Dr | Property Details | No Agent List