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B+
NoAgentList RatingHow are grades calculated? Info

$877,032

312 Waters Landing Lane, Katy, TX, 77493

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.97 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet

Exterior

Private PoolPrivate Pool
Lot Size14,854 sqft

Building Information

Year Built2020
Stories2
Garage Spaces2

Land Information

APN558202-004-061-000
Lot Number61
SubdivisionLake House 2
Land UseResidential
Legal DescriptionS558202 LAKE HOUSE 2 BLK 4 LOT 61
Census Tract680100
Assessed Land Value$93,560
Assessed Improvement Value$783,472
Assessment Year2025

About this property

Sellers sad to leave after just 7 months in this beautiful home. Gated community with neighborhood amenities. The home is situated on a 90' lot backing to the lake on a quiet culdesac street. Newly completed faux infinity edge pool/spa, recent pergola and terraced patio with firepit will please. Gorgeous interior with Primary and second bedroom down. Study with French doors is perfect for those working from home. Lg two story family room with wall of windows provides views of the pool and lake. Fully fenced for your pets and children to play. Upstairs is 3 spacious bedrooms, Two full baths, game & media. Two car attached garage and one car free standing which owner has insulated, and turned into a shop. Neutral tones throughout, large utility rm. Chef's kitchen with large island. Good storage in hm. Enjoy the tranquility of this fast growing neighborhood, views for miles, and unlimited stars at night. Minutes from shopping, dining, schools and churches. This home has it all!

Investor Tools

Property Icon
$877,032
Estimated Property Value
$0Estimated Mortgage Balance
$425,674Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,262 /month
Positive
Cash Flow Estimate:
$1,754 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
$1,800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$877,032
2025
$93,560
$783,472
$877,032
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$877,032

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$500,000
No
First
Apr 27, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$451,358
$425,674
48%
51%
$2,998/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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312 Waters Landing Lane | Property Details | No Agent List