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$770,000

NAL Estimated Property Value

27002 Downing Park Boulevard, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,395 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.02 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size13,804 sqft

Building Information

Year Built2009
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2278-09-003-0070-914
Lot Number7
SubdivisionCinco Ranch Southwest Sec 9
Land UseResidential
Legal DescriptionCINCO RANCH SOUTHWEST SEC 9, BLOCK 3, LOT 7
Census Tract673110
Assessed Land Value$120,120
Assessed Improvement Value$649,880
Assessment Year2025

About this property

No Showings til 3/4 Open House! Open House Sat 11-2 & Sun 2-4. Welcome home to this stunning Highland Home located on a quiet cul de sac in Cinco Ranch. This beautiful 4 bdrm, 3.5 bath home boasts an open-concept floor plan with lots of natural lighting,perfect for entertaining or simply enjoying family time.The updated kitchen features stainless steel appliances,granite counters,a breakfast bar & ample storage space.Relax & watch a movie in the media room or in the living room that boasts a cozy stone fireplace & leads to a covered patio overlooking the backyard oasis.The backyard is an entertainer's dream with fireplace,sparkling pool,sports court & outdoor kitchen,all set on a spacious 1/3 acre lot.Out the back gate you will find trails leading to SLHS (.6 mi) & SLJH (.8 mi).The master suite is a private retreat with a luxurious ensuite bath featuring a soaking tub, separate shower & dual vanities.Remaining bedrooms are generously sized & offer plenty of space for family and guests.

Investor Tools

Property Icon
$770,000
Estimated Property Value
$0Estimated Mortgage Balance
$770,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,620 /month
Positive
Cash Flow Estimate:
$1,540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,073/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,023
$770,000
2025
$120,120
$649,880
$770,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,023
$770,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$770,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,200/mo
+$2,140/mo
5.2%

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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27002 Downing Park Boulevard | Property Details | No Agent List