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$640,000

NAL Estimated Property Value

4610 Drake Falls Ct, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,346 Sq Ft
price_per_sqft$194.26 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Water Softener, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Stone, Wood

Exterior

Lot Size10,525 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces3

Land Information

APN2269-13-001-0400-914
Lot Number40
SubdivisionCinco Ranch North Lake Village Sec 13
Land UseResidential
Legal DescriptionCINCO RANCH NORTH LAKE VILLAGE SEC 13, BLOCK 1, LOT 40
Census Tract673006
Assessed Land Value$75,790
Assessed Improvement Value$562,401
Assessment Year2025

About this property

Attention to every detail will exceed your expectations in this ORIGINAL OWNERS PROFESSIONALLY & COMPLETELY UPDATED EXECUTIVE SERIES 1 STORY HOME located on QUIET CULDESAC in CINCO RANCH. Some of the many features include 10' CEILINGS thruout, an AMAZING ISLAND KITCHEN w WOLF 6 BURNER ALL GAS RANGE, WOLF VENTILATION SYSTEM, POT FILLER, WARMING DRAWER, FRENCH DOOR FRIG, SEP WINE FRIG, SOFT CLOSE CUSTOM CABINETRY, SLAB QUARTZITE COUNTER TOPS & BACKSPLASH, WARM WOOD FLOORS, TANKLESS WATER HEATER, WHOLE HOUSE CULLIGAN WATER SOFTENER, SPA LIKE PRIMARY BATH w SOAKING TUB, SEP HIS/HERS CLOSETS, FORMAL LIVING & DINING, SPACIOUS PRIVATE STUDY, ENORMOUS IN HOME STORAGE CLOSET, AIR CONDITIONED DREAM WORKSHOP + 3 CAR GARAGE, TONS OF BUILTINS in HOME, WORKSHOP & GARAGE, LUSH LANDSCAPE, PAVERED PATIO, WATERFALL, POND, RAISED VEG/HERB GARDEN & SO MUCH MORE (see agent for detailed list of updates) LOW $2.30 TAX RATE, FABULOUS KATY A+ SCHOOLS, CLOSE TO ENERGY CORRIDOR & much more. PREPARE TO BE WOWED!!

Investor Tools

Property Icon
$640,000
Estimated Property Value
$501,259Estimated Mortgage Balance
$138,741Estimated Equity
22% 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
$1,145/month
$1,300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,544
$638,191
2025
$75,790
$562,401
$638,191
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,544
$638,191

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$515,000
No
First
Nov 15, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$501,259
$142,741
22%
78%
$3,088/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$4,388/mo
$-2,198/mo
4.1%

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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4610 Drake Falls Ct | Property Details | No Agent List