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$722,000

NAL Estimated Property Value

3314 Clear Water Park Dr, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,685 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.25 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Marble, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size16,875 sqft

Building Information

Year Built1992
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2271-05-003-0040-914
Lot Number4
SubdivisionCinco Ranch South Lake Village Sec 5
Land UseResidential
Legal DescriptionCINCO RANCH SOUTH LAKE VILLAGE SEC 5, BLOCK 3, LOT 4
Census Tract673005
Assessed Land Value$91,234
Assessed Improvement Value$602,186
Assessment Year2025

About this property

**RARE FIND**4 BEDROOM 3.5 BATH w/POOL/SPA & 2 CAR GARAGE w/12FT EXTENSION nestled on a 16,800 SQ FT+ LOT in the heart of CINCO RANCH SOUTHLAKE VILLAGE. Grand entry with marble floor leading to the large formals and into the family room with its wide plank hardwoods & fireplace. Stunning European style Isle kitchen w/custom soft close Nobilia cabinetry, BOSCH appliances, Quartz counters, & stainless vent hood. Utility room w/built in Nobila pantry cabinet unit. Primary Suite w/sitting area that has views of the backyard pool. Primary En Suite bath complete w/freestanding tub, marble look shower, sleek cabinetry and 2 large walk in closets. Up the stairs to 3 large secondary bedrooms, 2 updated baths and a spacious game room with wall of built ins. Your backyard paradise includes a screened patio, pool/spa & mature trees/landscaping. Roof replaced 2018. Walking distance to the Cinco Ranch Beach club, lake paths and tennis courts. Katy ISD schools. NEVER FLOODED.

Investor Tools

Property Icon
$722,000
Estimated Property Value
$548,602Estimated Mortgage Balance
$173,398Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,332 /month
Positive
Cash Flow Estimate:
$1,444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,266/month
$1,080/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,585
$693,420
2025
$91,234
$602,186
$693,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,585
$693,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Matador Lending Llc
Conventional
$598,500
No
First
Dec 15, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$548,602
$175,398
24%
76%
$3,589/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$4,669/mo
$-1,839/mo
4.7%

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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3314 Clear Water Park Dr | Property Details | No Agent List