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$708,950

NAL Estimated Property Value

28203 Middlewater View Ln, Katy, TX, 77494

$762,279 ARVInfo
Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,060 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.1 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Range, Double Oven
FlooringCarpet, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size11,537 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN8891-03-004-0010-914
Lot Number1
SubdivisionTrails Of Katy Sec 3
Land UseResidential
Legal DescriptionTRAILS OF KATY SEC 3, BLOCK 4, LOT 1
Census Tract673201
Assessed Land Value$108,761
Assessed Improvement Value$600,189
Assessment Year2025

About this property

Welcome to 28203 Middlewater View Lane, this stunning 5-bed(2 downstairs), 4.5 bath home offers a blend of elegance and livability. Step through the grand, open entryway and discover a thoughtfully designed layout, including a home office with custom built-ins, a formal dining room, and expansive living spaces with high-end finishes throughout. The large, open-concept kitchen is a true showstopper—featuring premium appliances, an oversized island, extended cabintry, brushed gold hardware and plumbing fixtures. Upstairs, enjoy a spacious game room, media room with surround sound, and three well-appointed secondary bedrooms, including a Jack-and-Jill bath with private vanity areas. The backyard is complete with a putting green, dedicated playground area, custom outdoor kitchen, and covered patio with ceiling fans and speakers—perfect for year-round entertaining. Seller's other updates: backyard landscape, turf, french drains, coil and condenser in upstairs AC unit.

Investor Tools

Property Icon
$708,950
Estimated Property Value
$194,358Estimated Mortgage Balance
$514,592Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$762,279
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,070/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,292
$708,950
2025
$108,761
$600,189
$708,950
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,292
$708,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Credit Line (Revolving) / Heloc
$200,000
No
First
Oct 7, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,358
$514,592
72%
27%
$1,200/mo

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.

Explore Texas Explore This Area
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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28203 Middlewater View Ln | Property Details | No Agent List