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$486,987

NAL Estimated Property Value

23030 Enchanted Landing Ln, Katy, TX, 77494

SoldInfo
7/24/26
Beds3 Beds
Baths2 Bath
Baths2,640 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.87 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Engineered Wood, Tile

Exterior

Exterior FeaturesBack Green Space, Sprinkler System
Lot Size12,140 sqft

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2273-09-003-0040-914
Lot Number4
SubdivisionCinco Ranch Greenway Village Sec 9
Land UseResidential
Legal DescriptionCINCO RANCH GREENWAY VILLAGE SEC 9, BLOCK 3, LOT 4
Census Tract673005
Assessed Land Value$107,640
Assessed Improvement Value$379,418
Assessment Year2025

About this property

Are you looking to LIVE IN THE HEART OF CINCO RANCH...HERE'S YOUR CHANCE! This well maintained (by the original owner) 1-story is located on a CUL-DE-SAC street WITH NO BACK NEIGHBOR & a 'throwback' front yard. Engineered WOOD FLOORING in the entry, executive STUDY, dining room, family room & primary bedroom. TILE FLOORING where you want it. Large family room with built-ins, a wall of windows & gas log fireplace. The kitchen includes granite countertops, glass-front cabinets & planning desk. Spacious primary suite with a sitting area (SECOND STUDY...hmmm), jetted tub & WALK-IN CLOSET. The secondary bedrooms have NEW CARPET & WALK-IN CLOSETS. Second living area or GAMEROOM with built-ins. OVERSIZED BACK PATIO & pergola. SHORT WALK to Torchlite Terrace Park. Zoned to A+ KATY ISD SCHOOLS (Williams Elem, Beck JH & Cinco Ranch HS) each less than a mile away. Super close to shopping (LaCenterra, HEB & Target). Easy access to Grand Parkway & located between I-10 & the Westpark Tollway.

Investor Tools

Property Icon
$486,987
Estimated Property Value
$10,120Estimated Mortgage Balance
$476,867Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,922 /month
Positive
Cash Flow Estimate:
$974 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
$1,550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,185
$486,987
2025
$107,640
$379,418
$487,058
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,185
$486,987

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ctx Mtg
N/A
$145,100
N/A
First
Oct 17, 1997
Nov 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$10,120
$476,867
97%
2%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,550/mo
+$1,790/mo
8.2%

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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23030 Enchanted Landing Ln | Property Details | No Agent List