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$485,000

2323 Lambert Drive, Katy, TX, 77493

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,233 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.2 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,621 sqft

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APN422471-003-007-000
Lot Number7
SubdivisionCane Island 11
Land UseResidential
Legal DescriptionS422471 CANE ISLAND 11 BLK 3 LOT 7
Census Tract680100
Assessed Land Value$70,000
Assessed Improvement Value$395,534
Assessment Year2025

About this property

Welcome to 2323 Lambert Drive in the award-winning master-planned community of Cane Island! This stunning one-story David Weekley home offers 3 bedrooms, 2 full baths, 1 half bath, a private study, & 2,233 sq ft of thoughtfully designed living space. Barely lived in and meticulously maintained, this home feels better than new. The open-concept layout is perfect for entertaining, with a spacious family room and chef-inspired kitchen with quartz countertops, stainless steel appliances, gas cooktop, walk-in pantry, and oversized island. The private primary suite includes dual vanities, a large walk-in closet, and a super shower. Two secondary bedrooms are separated by a flex space ideal for a playroom or media room. Enjoy a covered patio, spacious backyard, and 2-car garage with a 5-ft extension for extra storage. Zoned to highly acclaimed Katy ISD and within walking distance to Robertson Elementary, with easy access to I-10, shopping, dining, and Cane Island’s resort-style amenities.

Investor Tools

$333,714Estimated Mortgage Balance
$161,286Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Holly LeBlanc

Nan & Company Properties - Woodlands Office

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$206/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$465,534
2025
$70,000
$395,534
$465,534
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$465,534

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Change Lending Llc
Conventional
$343,974
No
First
Mar 27, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,714
$161,286
32%
67%
$2,522/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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2323 Lambert Drive | Property Details | No Agent List