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$575,840

NAL Estimated Property Value

3515 Lake Lugano Cir, Katy, TX, 77493

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,501 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.66 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony, Outdoor Kitchen
Lot Size7,340 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1502640010081
Lot Number81
Land UseResidential Single Family
Legal DescriptionLT 81 BLK 1 MARCELLO LAKES SEC 2
Census Tract542902
Assessed Land Value$99,945
Assessed Improvement Value$475,895
Assessment Year2025

About this property

Prime location in bustling Katy ( 99 and I-10 ) , acclaimed Katy ISD, and lakefront living. Situated in a cul-de-sac, this 2 ½ garage house boasts 5 bedrooms (TWO BEDROOMS DOWN) and 5 FULL baths. Highlights of this house includes a large extended balcony that overlooks a wide view of the lake. Equipped with own personal pier that provides direct access to a stocked lake for fishing, or cruising on your kayak/pontoon. Large game room and enclosed media room upstairs will surely provide many hours of entertainment. The view inside the house is just as stunning as the balcony, as you are met with the glistening lake outside from the family room, kitchen, and breakfast area. Modern style kitchen with 42‘cabinet, granite countertops, and WIFI double oven will not disappoint. Bathroom has step down shower along with 6 jet whirlpool tub. This house has countless upgrades, inclusions, and additions. Come see what this house has to offer. You won’t regret it!

Investor Tools

Property Icon
$575,840
Estimated Property Value
$391,623Estimated Mortgage Balance
$184,217Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,104/month
$1,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,364
$575,840
2025
$99,945
$475,895
$575,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,364
$575,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$399,252
No
First
Apr 3, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$391,623
$184,217
31%
68%
$2,394/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: Katy

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3515 Lake Lugano Cir | Property Details | No Agent List