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$465,000

23214 Meadow Cross Ln, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,647 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.51 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,807 sqft

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2273-02-002-0390-914
Lot Number39
SubdivisionCinco Ranch Greenway Village Sec 2
Land UseResidential
Legal DescriptionCINCO RANCH GREENWAY VILLAGE SEC 2, BLOCK 2, LOT 39
Census Tract673005
Assessed Land Value$93,600
Assessed Improvement Value$348,965
Assessment Year2025

About this property

What a gem this home is! Meticulously maintained, this home shows pride of ownership. Located on a tree lined culdesac street three homes down from the walking trails. Walk to highly desired Fielder elementary and recreation center. Easy access to major freeways, shopping, dining and schools. Single story home with majestic oaks and lush landscaping. Brick elevation is functional and attractive. Double pane windows are a big plus! Gracious formal living and dining room with extensive molding leads you into the spacious family room with gas log fireplace. Island kitchen has abundant cabinetry, granite and ss appliances. Split floor plan with fourth bedroom option or multipurpose room. Primary bedroom with high ceilings, large closets and a seating area overlooking the beautifully landscaped yard. Updated primary bath. Gated driveway and coveted 3 car garage. Exceptionally landscaped patio area has a soothing fountain. Water softener another plus. Don't miss out on this charming home!

Investor Tools

Property Icon
$465,000
Estimated Property Value
$200,000Estimated Mortgage Balance
$283,404Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$790/month
$1,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,157
$442,565
2025
$93,600
$348,965
$442,565
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,157
$442,565

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$200,000
No
First
Jul 27, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,596
$290,404
61%
39%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,350/mo
+$990/mo
8.6%

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.

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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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23214 Meadow Cross Ln | Property Details | No Agent List