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$594,325

NAL Estimated Property Value

27107 Downing Park Boulevard, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,071 Sq Ft
price_per_sqft$193.75 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher

Exterior

Private PoolPrivate Pool
Lot Size6,890 sqft

Building Information

Year Built2009
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2278-09-004-0030-914
Lot Number3
SubdivisionCinco Ranch Southwest Sec 9
Land UseResidential
Legal DescriptionCINCO RANCH SOUTHWEST SEC 9, BLOCK 4, LOT 3
Census Tract673110
Assessed Land Value$81,900
Assessed Improvement Value$540,844
Assessment Year2025

About this property

Experience luxury living in this stunning former model home in highly sought-after Cinco Ranch at Park Place! Heated pool & Spa!!! Lovingly maintained by original owners, this rare gem features extensive upgrades, including engineered wood floors, a wine grotto, etc. The gourmet kitchen boasts granite countertops, stainless appliances, a large pantry, and a breakfast bar. Enjoy the spacious family room with fireplace, private study, and formal dining. The primary suite offers a spa-like bath with double sinks, soaking tub, and separate shower. Step outside to your own backyard oasis, complete with a sparkling heated pool and spa (installed in 2021) and a fully equipped outdoor kitchen—perfect for year-round enjoyment.—ideal for both relaxation and entertaining. Roof replace in July 2023. Brand New AC unit upstairs. Utility room includes sink. 5 mins to Seven Lakes High School—don’t miss this exceptional home ! Low tax rate! Schedule your showing today!

Investor Tools

Property Icon
$594,325
Estimated Property Value
$556,983Estimated Mortgage Balance
$37,342Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$886/month
$1,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,656
$594,325
2025
$81,900
$540,844
$622,744
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,656
$594,325

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$565,250
No
First
Jul 25, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$556,983
$37,342
6%
94%
$3,389/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$4,539/mo
$-1,199/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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27107 Downing Park Boulevard | Property Details | No Agent List