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$526,000

23323 Millcross Lane, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,149 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.73 / sqft
Year BuiltBuilt in 1993

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, Microwave, Gas Cooktop, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size10,085 sqft

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2273-06-002-0300-914
Lot Number30
SubdivisionCinco Ranch Greenway Village Sec 6
Land UseResidential
Legal DescriptionCINCO RANCH GREENWAY VILLAGE SEC 6, BLOCK 2, LOT 30
Census Tract673005
Assessed Land Value$98,280
Assessed Improvement Value$383,622
Assessment Year2025

About this property

Great location with easy access to Grand Parkway and I10 on cue-de-sac lot. Watch the kids play in the landscaped backyard from the large windows in the living area. Great island kitchen with walk in pantry. Downstairs master retreat with with an updated en-suite bathroom including whirlpool tub, walk in shower and double sink vanity. Large game room upstairs with 3 secondary bedrooms! Lots of storage and extra touches! Huge backyard and 3 car detached garage. Walking distance to schools, neighborhood parks and pool! Nearby walking and biking trails. LOW Tax Rate, and close to major roads for an easy commute into Houston.

Investor Tools

Property Icon
$526,000
Estimated Property Value
$0Estimated Mortgage Balance
$273,307Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,156 /month
Positive
Cash Flow Estimate:
$1,052 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$880/month
$940/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,932
$481,902
2025
$98,280
$383,622
$481,902
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,932
$481,902

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$293,625
No
First
May 18, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,693
$273,307
51%
48%
$1,761/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,701/mo
+$639/mo
7.6%

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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23323 Millcross Lane | Property Details | No Agent List