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$859,570

NAL Estimated Property Value

300 Waters Landing Ln, Katy, TX, 77493

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,575 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.43 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Water Purifier
FlooringCarpet, Tile, Wood

Exterior

Lot Size14,113 sqft

Building Information

Year Built2019
Stories2
Garage Spaces2

Land Information

APN558202-004-064-000
Lot Number64
SubdivisionLake House 2
Land UseResidential
Legal DescriptionS558202 LAKE HOUSE 2 BLK 4 LOT 64
Census Tract680100
Assessed Land Value$88,870
Assessed Improvement Value$770,700
Assessment Year2025

About this property

Better than new, this spectacular recent build showcases incredible stone & stucco construction on an over-sized 17,000+ SF corner lot, perfect for entertaining with direct access to the lake from backyard gate. Enjoy working from home in the front study, entertaining in the family room or get away upstairs to the media room for games, television & fun. Designer kitchen w/ high-end stainless appliances, upgraded stone countertops, central island, & generous cabinet space with under cabinet lighting! Wood flooring down & plush carpeting up enhance this home's charming, warm atmosphere. Spacious primary retreat is downstairs for a relaxing evening after a long day. En-suite primary bath features freestanding tub & enormous closet space. Highly sought-after secondary bedroom suite downstairs as well as three additional bedrooms up. Spacious covered back patio. Dual garages provide space for three cars plus plenty of storage & workspace. Amazing Katy ISD schools. This gem truly has it all!

Investor Tools

Property Icon
$859,570
Estimated Property Value
$486,222Estimated Mortgage Balance
$373,348Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,157 /month
Positive
Cash Flow Estimate:
$1,719 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,404/month
$1,600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$859,570
2025
$88,870
$770,700
$859,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$859,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$535,500
No
First
Jul 16, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$486,222
$373,348
43%
57%
$3,211/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.

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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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300 Waters Landing Ln | Property Details | No Agent List