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$484,000

23306 Meadow Cross Lane, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,516 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.19 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Microwave, Electric Cooktop, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,631 sqft

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2273-02-002-0420-914
Lot Number42
SubdivisionCinco Ranch Greenway Village Sec 2
Land UseResidential
Legal DescriptionCINCO RANCH GREENWAY VILLAGE SEC 2, BLOCK 2, LOT 42
Census Tract673005
Assessed Land Value$93,600
Assessed Improvement Value$370,876
Assessment Year2025

About this property

23306 Meadow Cross is an immaculately maintained 1-story, 4 bedroom home in the beloved Katy community of Greenway Village in Cinco Ranch. Located on a cul-de-sac street, this home has immediate access to the Greenbelt path which leads to Fielder Elem, the neighborhood pool, open greenbelts spaces, playgrounds & basketball courts. Interior Paint 2 yrs. Kitchen appliances 4 years old. Very spacious master suite w/ double sink vanity, jetted tub, separate shower and walk-in closet.The over-sized 2 car garage has workbench, utility sink, window and overhead shelving. Refrigerator, Washer & Dryer REMAIN for move-in convenience! Lovely north-side back deck. Surrounded by many of Katy's most popular gyms, stores & restaurants. Miles of walking/biking/running paths throughout the expansive greenbelt space. East side of 99 means LOW TAXES and great access to Grand Parkway, I-10 and Westpark Tollway. All of this section of Cinco Ranch was HIGH AND DRY DURING HARVEY. Mature Oaks.

Investor Tools

Property Icon
$484,000
Estimated Property Value
$0Estimated Mortgage Balance
$234,308Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,904 /month
Positive
Cash Flow Estimate:
$968 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,004/month
$1,075/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,633
$464,476
2025
$93,600
$370,876
$464,476
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,633
$464,476

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Inspire Home Loans Inc
Conventional
$289,500
No
First
Jun 28, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,692
$234,308
48%
52%
$1,736/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,811/mo
+$529/mo
8.3%

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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23306 Meadow Cross Lane | Property Details | No Agent List