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$377,130

3406 Lake Court, Iowa Colony, TX, 77583

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,347 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.61 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,578 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6574-6004-010
Lot Number10
SubdivisionMeridiana Sec 6
Land UseResidential
Legal DescriptionMERIDIANA SEC 6 (A0515 HT&BRR) BLK 4 LOT 10
Census Tract661800
Assessed Land Value$65,770
Assessed Improvement Value$311,360
Assessment Year2025

About this property

Beautifully designed all-brick, single-story David Weekley Homes home featuring 3 bedrooms, 2 baths, and a thoughtfully crafted open floor plan with split bedrooms for added privacy. Seamless flow between the living, dining, and kitchen areas makes this home ideal for both everyday living and entertaining. A versatile flex room offers the perfect space for a home office, playroom, or additional living area. The modern kitchen features stainless steel appliances, granite countertops, and an oversized island that anchors the space. Additional highlights include a 2-car garage with extra storage, a dedicated mud area, and a spacious laundry room with a folding counter and hanging space. Enjoy a covered front porch and a covered back patio with no back neighbors, offering privacy and beautiful sunset views. The oversized backyard provides endless potential to create your own outdoor retreat. FULL-HOUSE GENERATOR adds an extra layer of comfort and peace of mind.

Investor Tools

Property Icon
$377,130
Estimated Property Value
$0Estimated Mortgage Balance
$131,857Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,263 /month
Positive
Cash Flow Estimate:
$754 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$739/month
$1,330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,986
$377,130
2025
$65,770
$311,360
$377,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,986
$377,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Bank
Conventional
$269,100
No
First
Sep 24, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,273
$131,857
34%
65%
$1,614/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: Iowa Colony

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3406 Lake Court | Property Details | No Agent List