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$949,900

4626 Drake Falls Court, Katy, TX, 77450

Under ContractInfo
Beds5 Beds
Baths4 Bath
Baths4,842 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.18 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Water Softener, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Engineered Wood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBack Green Space
Lot Size14,480 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces3

Land Information

APN2269-13-001-0360-914
Lot Number36
SubdivisionCinco Ranch North Lake Village Sec 13
Land UseResidential
Legal DescriptionCINCO RANCH NORTH LAKE VILLAGE SEC 13, BLOCK 1, LOT 36
Census Tract673006
Assessed Land Value$89,570
Assessed Improvement Value$767,179
Assessment Year2025

About this property

Prime Katy Location with luxury, comfort, and family fun in this stunning 5-bedroom, 3.5-bath, 4,842sf home set on a spacious 14,480sf cul-de-sac lot in highly sought-after Cinco Ranch North Lake Village. Designed for elegant living with 2 staircases, high ceilings, crown molding, and an open-concept design ideal for entertaining. This home features a large Primary Bedroom with fireplace & additional seating area with the perfect view to the Saltwater pool. The second level is showcases a family inspired game room overlooking the living area with close access to all upstairs bed and bathrooms. The backyard retreat features a heated saltwater pool, lush turf for easy maintenance, putting green, Zip line, covered patio and a ADU/Pool house offers a versatile space for a private office, art studio, or personal retreat, while a three-car garage with Tesla Charger & whole-house water softener add everyday convenience. Zoned to top-rated Katy ISD schools including Beck JH and Cinco Ranch HS.

Investor Tools

$447,857Estimated Mortgage Balance
$492,143Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,699 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,454/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,743
$754,105
2025
$89,570
$767,179
$856,749
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,743
$754,105

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$510,400
No
First
Mar 30, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$447,857
$492,143
52%
48%
$3,061/mo

City: Katy

4626 Drake Falls Court | Property Details | No Agent List