1view

Owner Contacts

$349,900

3023 Orchid Ranch Dr, Katy, TX, 77494

Pending

4 Beds

3 Bath

2,353 Sq Ft

Single Family Residence

$148.7 / sqft

Built in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Trash Compactor, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Vinyl

Exterior

Lot Size3,900 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN4238-10-001-0050-914

Lot Number5

SubdivisionKaty Creek Ranch Sec 10

Land UseResidential

Legal DescriptionKATY CREEK RANCH SEC 10, BLOCK 1, LOT 5

Census Tract673113

Assessed Land Value$44,200

Assessed Improvement Value$343,606

Assessment Year2025

About this property

Well-Appointed Two-Story Home in the Heart of South Katy!Located in the brand-new Katy Creek Ranch community, this well-maintained home offers a convenient location with easy access to Grand Parkway and I-10. Enjoy added privacy with no backyard neighbors and peaceful nature bayou views from the upstairs bedrooms.The spacious floor plan features a primary suite on the first floor complete with an en-suite bathroom and walk-in closet. Upstairs, you'll find three secondary bedrooms and a large game room, providing plenty of space for family living and entertainment.Relax on the charming front porch or enjoy outdoor gatherings on the covered backyard patio, perfect for BBQs and entertaining. The home comes complete with a refrigerator, washer, and dryer for added convenience.Zoned to highly acclaimed Katy ISD schools and offering excellent community amenities, including playgrounds and a swimming pool, this home has everything you need. Don't miss this wonderful opportunity!

Investor Tools

$198,233Estimated Mortgage Balance

$189,960Estimated Equity

48% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,327 /month

Positive

Cash Flow Estimate:

$776 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$690/month

$410/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,340

$387,806

2025

$44,200

$343,606

$387,806

Tax History

Year

Tax Paid

Assessed Value

2025

$6,340

$387,806

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Aaxy Llc

Conventional

$219,596

First

May 20, 2021

Jun 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$198,233

$189,573

48%

51%

$1,317/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$1,727/mo

+$1,613/mo

10.3%

Learn About the Market: Opportunity in Texas

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 This Area