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Owner Contacts

$870,000

NAL Estimated Property Value

2703 Mayfield Ridge Ln, Katy, TX, 77494

Off Market

5 Beds

5 Bath

4,658 Sq Ft

$145.77 / sqft

Built in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Ice Maker, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringCarpet, Wood

Exterior

Exterior FeaturesOutdoor Kitchen

Lot Size10,736 sqft

Building Information

Year Built2016

Garage Spaces2

Land Information

APN2279-15-001-0080-914

Lot Number8

SubdivisionCinco Ranch Northwest Sec 15

Land UseResidential

Legal DescriptionCINCO RANCH NORTHWEST SEC 15, BLOCK 1, LOT 8

Census Tract673108

Assessed Land Value$122,850

Assessed Improvement Value$722,552

Assessment Year2025

About this property

Stunning w CDS Location in highly sought after area! Grand Entry leading to sophisticated Study w/extensive built-in and gorgeous wood appointed ceiling, Elegant Dining w/Butlers Pantry, Wine rack & frig, HUGE walk in Pantry, Open Chefs dream Island Kitchen w sit up/serving area, Electrolux SS appliance pkg, Farm Sink, Accented Lighting, and tons of cabinets w/ built ins, Sunny bfast rm, LG Family rm w/Cozy Gas fireplace, Luxourious Primary bedrm w/sitting area,Spa type walk thru Shower w/2 doors,Jetted Tub,Seated Mirrored Dressing area,2 lg walk in Closets w/extensive built-in organization system leads to lg Laundry rm ,2nd br w/full bath down, Additional 1/2 bathroom down, Ornate Stairway leading to Upstairs w/3 bedrooms up w 2 full bathroom, Lg Gameroom & Media room w/special lighting and built in, Laundry Chute! Enjoy large yard w/covered patio & outdoor grill,sink & frig. Zoned to award winning KISD,close to I-10/ 99/Grand Pkwy and West Park Tollway, shopping,medical,dining-HURRY!

Investor Tools

$870,000

Estimated Property Value

$482,114Estimated Mortgage Balance

$387,886Estimated Equity

44% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,220 /month

Positive

Cash Flow Estimate:

$1,740 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,311/month

$1,150/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,382

$845,402

2025

$122,850

$722,552

$845,402

Tax History

Year

Tax Paid

Assessed Value

2025

$11,382

$845,402

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Citizens Bank Na

Conventional

$532,000

First

Jun 10, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$482,114

$385,886

44%

55%

$3,190/mo

Learn About the Market: Opportunity in Texas

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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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