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$601,000

NAL Estimated Property Value

2418 Russet Forest Drive, Katy, TX, 77494

SoldInfo
7/01/26
LeaseInfo
Beds4 Beds
Baths4 Bath
Baths2,863 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.22 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size5,716 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN8930-01-001-0220-914
Lot Number22
SubdivisionWheatfall
Land UseOther / Unknown
Legal DescriptionWHEATFALL, BLOCK 1, LOT 22
Census Tract673108
Assessed Land Value$110,638
Assessed Improvement Value$477,749
Assessment Year2025

About this property

Lease by 6/1 for $1,000 off 1st month! Discover move-in-ready masterpiece by TriPointe Homes in Katy’s Hawks Landing community, zoned to great Katy ISD. The kitchen features all new SS appliances and opens to the family room and dining area. On the 1st floor, you’ll find the luxurious primary suite, complete with a large walk-in closet and beautiful bathroom, as well as one of the three secondary bedrooms and a large home-office. Upstairs, you'll find the remaining two bedrooms, a large game room area, and a media room. This thoughtfully designed open floor plan seamlessly blends elegance with functionality. With easy access to I10 and Grand Parkway, residents are just minutes away from city life, restaurants, shopping and more. Don't miss out on this incredible opportunity - schedule a viewing today and make this your new home sweet home! Pets are permitted on a case-by-case basis, and longterm leases are welcomed.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,052/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,619
$588,387
2025
$110,638
$477,749
$588,387
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,619
$588,387

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$470,751
No
First
Oct 5, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$447,133
$153,867
25%
74%
$2,823/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,823/mo
+$517/mo
6.7%

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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2418 Russet Forest Drive | Property Details | No Agent List