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$699,000

4622 Shadow Grass Dr, Katy, TX, 77493

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,356 Sq Ft
price_per_sqft$208.28 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesSprinkler System
Lot Size1 acre

Building Information

Year Built2013
Garage Spaces3

Land Information

APN1272920030008
Lot Number8
SubdivisionKaty Lake Estates
Land UseResidential
Legal DescriptionLT 8 BLK 3 KATY LAKE ESTATES SEC 3
Census Tract542902
Assessed Land Value$178,596
Assessed Improvement Value$421,404
Assessment Year2025

About this property

Custom-built home on 1 acre in Katy Lake Estates—the perfect balance of privacy and convenience. Meticulously maintained and move-in ready. Coffered triple tray ceilings in main living areas, double crown molding, 8' doors throughout. Granite in kitchen and all baths, custom cabinetry, tile flooring, direct-vent fireplace. Gas cooktop with pot filler, walk-in pantry, indoor utility room. Study with built-ins, versatile Game room with wet bar and half bath upstairs; all bedrooms down. EXPANSIVE covered patio overlooking a GORGEOUS back yard. Professional landscaping features, High-Efficiency 15 SEER A/C with 3 zones. WHOLE home water system. No mud district. Low tax rate. Katy ISD. Minutes from top-rated Katy schools, shopping, dining, and major commuter routes. Low 1.8 tax rate.

Investor Tools

$366,449Estimated Mortgage Balance
$297,720Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,782 /month
Positive
Cash Flow Estimate:
$1,594 /month

Interested in this property?

Robbie Jansky

Keller Williams Realty Southwest

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,089/month
$1,650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,087
$600,000
2025
$178,596
$421,404
$600,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,087
$600,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Conventional
$405,150
No
First
May 6, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$366,449
$441,551
54%
46%
$2,430/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$4,080/mo
$-1,200/mo
4.3%

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.

Explore Texas Explore This Area
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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