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$1,150,000

3203 Lakes Of Katy Ln, TX, 77493

$1,189,970 ARVInfo
On MarketInfo
Beds5 Beds
Baths3 Bath
Baths4,571 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$251.59 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesSprinkler System, Boat Ramp
Lot Size1.01 acres

Building Information

Year Built2006
Stories2
Garage Spaces4

Land Information

APN559101-004-004-000
Lot Number4
SubdivisionLakes Of Katy
Land UseResidential
Legal DescriptionS559101 LAKES OF KATY BLK 4 LOT 4 ACRES 1.005
Census Tract680100
Assessed Land Value$155,780
Assessed Improvement Value$858,520
Assessment Year2025

About this property

Tucked behind the gates of the exclusive Lakes of Katy, a private water-ski community, this exceptional custom estate offers the perfect balance of luxury, recreation, and peaceful acreage living. Set on just over an acre, this home features 4,571 square feet with five bedrooms, three full baths, one half bath, a spacious den with fireplace, formal dining room, and a large upstairs game room. The island kitchen opens to the breakfast area and sunroom, creating a bright, inviting space for everyday living and entertaining. Step outside to your private backyard oasis featuring a sparkling pool and spa, where breathtaking Texas sunsets provide the perfect backdrop for relaxing evenings. Complete with a three-car garage, automatic driveway gate, and wired-for-sound system, this is a rare opportunity to enjoy one of Katy's most distinctive lifestyles.

Investor Tools

$187,575Estimated Mortgage Balance
$1,042,425Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,189,970
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,380 /month
Positive
Cash Flow Estimate:
$2,460 /month

Interested in this property?

Kimberly Rensimer

Martha Turner Sotheby's International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$883/month
$2,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,450
$1,014,300
2025
$155,780
$858,520
$1,014,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,450
$1,014,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Mortgage Co
Conventional
$384,850
No
First
Jan 29, 2007
Feb 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,575
$1,042,425
84%
15%
$0/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.

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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3203 Lakes Of Katy Ln | Property Details | No Agent List