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$223,000

NAL Estimated Property Value

4306 Falcon Meadow Dr, Katy, TX, 77449

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,436 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.24 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringVinyl

Exterior

Lot Size6,599 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN1144870020061
Lot Number61
SubdivisionCypress Meadow
Land UseResidential
Legal DescriptionLT 61 BLK 2 CYPRESS MEADOW SEC 1
Census Tract542104
Assessed Land Value$48,849
Assessed Improvement Value$171,468
Assessment Year2025

About this property

Fantastic opportunity to own! This one-story 3 bedroom / 2 bath single-family home flows nicely with a spacious family room that boasts a beautiful brick wall fireplace and is adjacent to the dining room and the eat-in kitchen with a breakfast bar. Great floors throughout, no carpet! The primary bedroom offers an en-suite bathroom, and two additional generous-sized bedrooms are on the opposite side of the home. NEW AC and NEW water heater! Enjoy the large fully fenced-in backyard that is low maintenance and private, and all of the community amenities including pool, playground, and tennis courts. All this coupled with close proximity to shopping, dining and easy access to major freeways will make this a place you want to call home!

Investor Tools

Property Icon
$223,000
Estimated Property Value
$169,144Estimated Mortgage Balance
$53,856Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$204/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,337
$220,317
2025
$48,849
$171,468
$220,317
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,337
$220,317

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$185,576
Yes
First
Sep 3, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,144
$60,856
26%
76%
$1,113/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,463/mo
+$687/mo
11.6%

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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4306 Falcon Meadow Dr | Property Details | No Agent List