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B+
NoAgentList RatingHow are grades calculated? Info

$449,000

3222 Palacious Falls Ln, Katy, TX, 77449

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,672 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.78 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size14,680 sqft

Building Information

Year Built2010
Garage Spaces2

Land Information

APN1321810010005
Lot Number5
SubdivisionWaterstone
Land UseResidential
Legal DescriptionLT 5 BLK 1 WATERSTONE SEC 2
Census Tract542901
Assessed Land Value$64,317
Assessed Improvement Value$276,375
Assessment Year2025

About this property

Fully updated and positioned on an enormous greenbelt lot with a sparkling pool/spa, this dreamy and immaculate home awaits a fortunate buyer. Recent (2025) comprehensive renovations include all bathrooms plus utility room boasting on-trend, creamy beige tile selections, Delta Champagne Gold hardware, soft close cabinets & drawers and fogless lighted mirrors. The chef's kitchen opens to the family room & features slab granite countertops, plentiful cabinets & stainless steel appliance package (including a gas range). An expansive island with seating for five beckons for social gathering. Entertaining flows seamlessly outside to a private backyard you must see to believe. A generous covered area w/beadboard ceiling, replete w/a fan & mounted tv, overlooks the colossal private backyard & lagoon style pool & hot tub. Storage shed will convey. Outdoor opportunities abound on the nearly 15,000 square foot lot. Swing set & trampoline are negiotiable. Low tax rate. Welcome to the good life..

Investor Tools

Property Icon
$449,000
Estimated Property Value
$360,000Estimated Mortgage Balance
$89,518Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,754 /month
Positive
Cash Flow Estimate:
$918 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,481
$340,692
2025
$64,317
$276,375
$340,692
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,481
$340,692

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$454,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$750/mo
+$2,030/mo
7.4%

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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3222 Palacious Falls Ln | Property Details | No Agent List