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$350,400

NAL Estimated Property Value

409 Camino Bay Drive, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,227 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.93 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2.5Bathrooms 2.5
Garage AvailableGarage Available
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size5,663 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN800004-001-003-000
Lot Number3
SubdivisionSunterra 4
Land UseResidential
Legal DescriptionS800004 SUNTERRA 4 BLK 1 LOT 3
Census Tract680100
Assessed Land Value$54,000
Assessed Improvement Value$296,400
Assessment Year2025

About this property

MOVE IN READY!!!WATER VIEW!!!! Elegance awaits in this exquisite 2-story, 4-bedroom, 2.5-bath new construction home. With a generous 2227 sqft, this residence in the highly sought after Katy ISD boasts a prime lakefront location. Indulge in relaxation on the covered back patio, where you can savor tranquil lake. Step inside and be greeted by tall ceilings that amplify the sense of space. Crown molding w high 5 1/2-inch baseboards adorn the interiors, Rockport style 5-panel interior doors & a touch of charm & showcasing attention to detail. Granite countertops complement the sleek stainless steel kitchen appliances, creating a stylish and functional space. The large 42"x36" shower and garden tub in the primary bath offer a serene escape, while the double sinks in both primary and secondary baths ensure convenience. The hard floors in the family room, kitchen, dining areas, baths, and utility room combine aesthetics with easy maintenance.

Investor Tools

Property Icon
$350,400
Estimated Property Value
$344,123Estimated Mortgage Balance
$6,277Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,150 /month
Positive
Cash Flow Estimate:
$717 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
$1,160/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$350,400
2025
$54,000
$296,400
$350,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$350,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$351,908
Yes
First
Feb 7, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,123
$6,277
1%
98%
$2,110/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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409 Camino Bay Drive | Property Details | No Agent List