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$387,806

NAL Estimated Property Value

3023 Orchid Ranch Dr, Katy, TX, 77494

Recently SoldInfo
7/30/26
Beds4 Beds
Baths3 Bath
Baths2,353 Sq Ft
price_per_sqft$148.7 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$387,806
Estimated Property Value
$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

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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
No

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
No
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%

City: Katy

3023 Orchid Ranch Dr | Property Details | No Agent List