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$878,300

NAL Estimated Property Value

2607 Merlin Way, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,478 Sq Ft
price_per_sqft$209.89 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Wood

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APN422378-002-019-000
Lot Number19
SubdivisionCane Island 18
Land UseResidential
Legal DescriptionS422378 CANE ISLAND 18 BLK 2 LOT 19
Census Tract680100
Assessed Land Value$130,000
Assessed Improvement Value$748,300
Assessment Year2025

About this property

STUNNING 4-bed, 3.5-bath cul-de-sac home in the highly sought-after GATED community of Cane Island. The grand double-door entry leads to a dedicated home office and convenient powder room. The open-concept floorplan features a spacious living room with a cozy fireplace and a wall of windows that brings in ample natural light. The open dining area flows seamlessly into a beautifully appointed kitchen with Quartz countertops, stainless steel appliances, and a center island with seating—perfect for gatherings. The primary suite is a true retreat, offering large windows, a spa-like bath, and a custom walk-in closet. A second bedroom has its own private bathroom. Two additional bedrooms share a Hollywood style bath. The separate game room provides added versatility. The home has a 3-car garage, covered patio, and plenty of room for a pool! This home combines luxurious living with Cane Islands amenities including pool, splash pad, fitness center and more.

Investor Tools

Property Icon
$878,300
Estimated Property Value
$707,321Estimated Mortgage Balance
$170,979Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,270 /month
Positive
Cash Flow Estimate:
$1,757 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,435/month
$2,024/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$878,300
2025
$130,000
$748,300
$878,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$878,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$720,000
Yes
First
May 27, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$707,321
$170,979
19%
81%
$4,317/mo

City: Katy

2607 Merlin Way | Property Details | No Agent List