Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$841,000

NAL Estimated Property Value

4618 Shadow Grass Dr, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,978 Sq Ft
price_per_sqft$153.34 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Instant Hot Water, Oven, Water Purifier
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Outdoor Kitchen
Lot Size1 acre

Building Information

Year Built2014
Garage Spaces8

Land Information

APN1272920030007
Lot Number7
SubdivisionKaty Lake Estates
Land UseResidential
Legal DescriptionLT 7 BLK 3 KATY LAKE ESTATES SEC 3
Census Tract542902
Assessed Land Value$178,596
Assessed Improvement Value$583,510
Assessment Year2025

About this property

Beautiful custom built 2 story home situated on 1 acre+ lot in Katy Lake Estates w/ separate 1200 sq. ft workshop/additional garage w/10K LB two post lift & a 7.5HP/80-gallon air compressor perfect for RV or boat storage. Library w/full glass French doors & formal dining room set off the front entry all w/hardwood flooring & high ceilings. Private master suite & bath w/separate walk in shower, freestanding soaking Slipper tub, dual sinks. The 2nd floor offers a double door entry to a large game room & access to balcony overlooking the back yard. Guest suite, 2 secondary bedrooms, walk-in closets, & 2 bathrooms. The exterior offers an outdoor kitchen, concrete Imprinted patio & walkway to the front door, meticulous landscaping, crepe myrtle, oak, maple, redbud, pecan trees, & hedges planted to hide utility boxes, sprinkler system, extra wide concrete driveway & parking area, custom stone & brick mailbox, whole house generator, too many custom features to list. Motivated Seller!

Investor Tools

Property Icon
$841,000
Estimated Property Value
$481,570Estimated Mortgage Balance
$359,430Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,046 /month
Positive
Cash Flow Estimate:
$1,682 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,222/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,454
$762,106
2025
$178,596
$583,510
$762,106
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,454
$762,106

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Velocio Mortgage Llc
Unknown
$483,667
No
First
Feb 13, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$481,570
$408,430
45%
57%
$2,900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$4,100/mo
$-1,220/mo
4.1%

City: Katy

4618 Shadow Grass Dr | Property Details | No Agent List