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$469,000

227 Cheddington Dr, Katy, TX, 77450

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,198 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.65 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Washer
FlooringCarpet, Tile

Exterior

Lot Size8,686 sqft

Building Information

Year Built1997
Garage Spaces2

Land Information

APN1174940040009
Lot Number9
SubdivisionGovernors Place
Land UseResidential
Legal DescriptionLT 9 BLK 4 GOVERNORS PLACE SEC 4
Census Tract455200
Assessed Land Value$88,557
Assessed Improvement Value$344,178
Assessment Year2025

About this property

Experience refined living in this extensively upgraded 5-bed, 3.5-bath home nestled on a premium corner lot in the sought-after Governors Place community & zoned to acclaimed Katy ISD. Offering 3,198 SF of elegant living space, this home showcases soaring ceilings, rich wood-look tile flooring, formal dining, a private study with French doors, expansive living areas & an oversized upstairs game room w/bonus room. The beautifully appointed island kitchen features granite counters, gas cooking, abundant cabinetry & seamless flow for entertaining. Retreat to the luxurious primary suite with spa-inspired bath, jetted tub, separate shower & customized closet upgrades. Over $150K in improvements including TWO brand new HVAC systems, plantation shutters throughout 36+ windows, upgraded lighting, designer ceiling fans, fresh interior paint, renovated baths, pergola-covered patio & extensive concrete work. Oversized detached 3-car garage & spacious backyard complete this exceptional property.

Investor Tools

$161,488Estimated Mortgage Balance
$272,104Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,814 /month
Positive
Cash Flow Estimate:
$938 /month

Interested in this property?

Cindy Price

The Sears Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$530/month
$684/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,193
$432,735
2025
$88,557
$344,178
$432,735
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,193
$432,735

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Conventional
$172,380
No
First
Dec 22, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,488
$271,247
62%
37%
$1,034/mo

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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227 Cheddington Dr | Property Details | No Agent List