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$500,000

NAL Estimated Property Value

3818 Rose Grove Ln, Katy, TX, 77494

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,889 Sq Ft
price_per_sqft$179.99 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Softener, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Water Purifier

Exterior

Lot Size7,876 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3532-07-001-0350-914
Lot Number35
SubdivisionGrand Lakes Phase 4 Sec 7
Land UseResidential
Legal DescriptionGRAND LAKES PHASE 4 SEC 7, BLOCK 1, LOT 35
Census Tract673106
Assessed Land Value$84,500
Assessed Improvement Value$397,738
Assessment Year2025

About this property

Located in a quiet cul-de-sac in the sought-after Grand Lakes community, this immaculate 2,889 sq. ft. home offers 3 spacious bedrooms, each with its own full bath, plus a private study with double doors and versatile bonus room. One secondary bedroom is at the front of the home, the primary suite is privately tucked at the back, and the third bedroom with full bath is upstairs, ideal for guests. Enjoy soaring ceilings, abundant natural light, and elegant plantation shutters throughout. Unique arches, crown molding, a skylight, and surround sound add character and comfort. The kitchen features ample cabinetry, wine rack, water softener, and reverse osmosis system. The living room includes a gas fireplace and built-in desk area, perfect for everyday functionality. Formal dining, a 3-car tandem garage, and no back neighbors complete the package. Walk to top-rated KISD schools and enjoy peaceful, upscale living in one of Katy’s premier neighborhoods.

Investor Tools

Property Icon
$500,000
Estimated Property Value
$226,978Estimated Mortgage Balance
$273,022Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$867/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,904
$482,238
2025
$84,500
$397,738
$482,238
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,904
$482,238

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texans Credit Union A Credit Union
Conventional
$230,000
No
First
Aug 8, 2025
Sep 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,978
$279,022
55%
45%
$1,379/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,579/mo
+$1/mo
6.2%

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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3818 Rose Grove Ln | Property Details | No Agent List