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$586,000

3111 Castlewind Drive, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,766 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.19 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Electric Range, Electric Oven, Oven
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,865 sqft

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2271-05-001-0140-914
Lot Number14
SubdivisionCinco Ranch South Lake Village Sec 5
Land UseResidential
Legal DescriptionCINCO RANCH SOUTH LAKE VILLAGE SEC 5, BLOCK 1, LOT 14
Census Tract673005
Assessed Land Value$82,940
Assessed Improvement Value$517,692
Assessment Year2025

About this property

Hard to find immaculate one story with large yard, pool and spa. You will love calling this home. Timeless traditional with impressive curb appeal. Lush landscaping and mature trees. Pride of ownership shows in this home! Sellers have replaced kitchen cabinetry, appliances and granite since occupying the home. Updated tile flooring in Kitchen/brkfst/utility and baths. Extensive molding throughout the living areas including the kitchen. Master bath with frameless shower. Recent roof, large outdoor patio area for entertaining. Refreshing pool and year round use of Spa. Private backyard with beautiful views of trees. Location is stellar! Within walking distance to the Beach club where renting a kayak or sunfish can feel like your on a vacation. Pocket park a few blocks away. Trails that go on for miles. A quick ride to the Cinco Golf Club. Easy access to shopping, freeways, churches, schools and more! You'll love calling 3111 Castlewind home. You won't want to miss this Gem!

Investor Tools

Property Icon
$586,000
Estimated Property Value
$0Estimated Mortgage Balance
$392,160Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,516 /month
Positive
Cash Flow Estimate:
$1,172 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$728/month
$1,075/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,808
$574,885
2025
$82,940
$517,692
$600,632
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,808
$574,885

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Conventional
$216,000
No
First
Jan 20, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,840
$392,160
66%
33%
$1,296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$2,371/mo
+$459/mo
5.8%

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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3111 Castlewind Drive | Property Details | No Agent List