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$559,000

2318 Precision Ln, Katy, TX, 77493

$608,978 ARVInfo
PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,985 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.27 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesENERGY STAR Qualified Appliances, Disposal, Water Softener, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher, Water Purifier
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size7,275 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN422471-003-005-000
Lot Number5
SubdivisionCane Island 11
Land UseResidential
Legal DescriptionS422471 CANE ISLAND 11 BLK 3 LOT 5
Census Tract680100
Assessed Land Value$70,000
Assessed Improvement Value$516,890
Assessment Year2025

About this property

Located in Cane Island & within walking distance to Robertson Elementary, this modern chic style home is loaded with upgrades and finishes throughout. This 4-bed, 3-bath home features a primary suite w/bay window & spa-like bath offering double sinks, a freestanding soaking tub, & oversized walk-in shower. A private study w/French doors, game room, media room, & 2-car garage provide flexible living. Wood vinyl plank flooring runs through common areas & study, w/carpet in the primary bedroom & upstairs. The living room highlights a floor-to-ceiling wood accent fireplace with wood-burning or gas option. The kitchen shines with a large island, quartz countertops, lighted glass cabinets, Frigidaire stainless appliances with 5-burner gas cooktop, & upgraded chrome hardware. Double sliding doors open to a wraparound Ultrashield deck with two grills included. Full sprinklers with French drains, full brick exterior, covered porch, water softener, & large laundry complete this exceptional home.

Investor Tools

$190,606Estimated Mortgage Balance
$396,284Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$608,978
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,521 /month
Positive
Cash Flow Estimate:
$1,174 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$959/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$586,890
2025
$70,000
$516,890
$586,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$586,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Unknown
$200,000
No
First
Nov 29, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,606
$396,284
67%
32%
$1,200/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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