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$297,000

3503 Cactus Field Lane, Katy, TX, 77449

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,654 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.42 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size10,389 sqft

Building Information

Year Built2015
Garage Spaces2

Land Information

APN1357640010018
Lot Number18
Land UseResidential
Legal DescriptionLT 18 BLK 1 WATERSTONE SEC 12
Census Tract542901
Assessed Land Value$59,815
Assessed Improvement Value$200,913
Assessment Year2025

About this property

See what Pride In Home Ownership is. This Home creates the perfect ambiance and is still under builder warranty and well maintained. This gorgeous Katy home sits on a huge cul-de-sac and offers a brick elevation, a open floor plan featuring 3 large bedrooms, 2 baths, covered back patio. The kitchens features expresso cabinets, stainless appliances, designer tile backsplash, and so much more. Primary bedroom features dual vanity sinks, garden whirlpool tub and separate shower. This home has lots of recess lighting, natural light, crown molding, full sprinkler system, & a complete backyard oasis. Largest lot in the neighborhood offering a backyard for gathering and entertainment. Very low tax rate & zoned to the highly acclaimed Katy ISD schools. Schedule your showing today!!

Investor Tools

Property Icon
$297,000
Estimated Property Value
$0Estimated Mortgage Balance
$104,652Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$540/month
$756/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,998
$260,728
2025
$59,815
$200,913
$260,728
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,998
$260,728

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Conventional
$211,436
No
First
Aug 26, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,348
$104,652
35%
65%
$1,268/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,024/mo
+$126/mo
8.7%

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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