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$933,000

NAL Estimated Property Value

23503 Fairway Valley Ln, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,232 Sq Ft
price_per_sqft$153.59 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator, Microwave, Gas Cooktop, Double Oven, Electric Oven, ENERGY STAR Qualified Appliances
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size12,036 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6780-03-004-0220-914
Lot Number22
SubdivisionSeven Meadows Sec 3
Land UseResidential
Legal DescriptionSEVEN MEADOWS SEC 3, BLOCK 4, LOT 22
Census Tract673104
Assessed Land Value$120,120
Assessed Improvement Value$594,880
Assessment Year2025

About this property

If you are looking for a beautiful home w/ a fresh current style then this is the one! This immaculate & tastefully updated family friendly floorplan offers many wonderful features including a welcoming front porch w double front doors, dramatic curved stairs, designer chandeliers & paint, rich wood floors, study w French doors, plantation shutters, chef's island kitchen w custom cabinetry, ample counters & breakfast bar, gas cooking,2 full size refrigerators, double ovens & sep wine frig, formal dining w wine grotto, laundry w sink & mud area, custom closet systems, large 2ndary bedrooms, tons of storage, sep media & sep gameroom, extra room for crafts or exercise & a 2nd office w builtin desk. You will also love the giant covered patio w outdoor kitchen, nestled in a huge pool sized back yard so there's plenty of grass for kids & pets to run & play. Add sought after Seven Lakes High, Beckendorf Jr, Holland Elementary & so convenient to freeways, shopping & restaurants. Call today

Investor Tools

Property Icon
$933,000
Estimated Property Value
$447,886Estimated Mortgage Balance
$485,114Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,598 /month
Positive
Cash Flow Estimate:
$1,866 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,183/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,528
$715,000
2025
$120,120
$594,880
$715,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,528
$715,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$497,125
No
First
Mar 22, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$447,886
$494,114
52%
48%
$2,981/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$4,081/mo
$-741/mo
4.3%

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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23503 Fairway Valley Ln | Property Details | No Agent List