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$411,000

NAL Estimated Property Value

4702 Banning Park Court, Katy, TX, 77494

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,229 Sq Ft
price_per_sqft$187.98 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

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 Cooktop, Gas Range, Dishwasher

Exterior

Lot Size8,410 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2290-11-001-0160-914
Lot Number16
SubdivisionCinco Ranch West Sec 11
Land UseResidential
Legal DescriptionCINCO RANCH WEST SEC 11, BLOCK 1, LOT 16
Census Tract673112
Assessed Land Value$72,345
Assessed Improvement Value$317,498
Assessment Year2025

About this property

Welcome to this beautifully updated 1-story home located west of Gaston Road in the highly sought-after Cinco Ranch community. This home has been meticulously maintained and boasts a plethora of high-end upgrades: NEW ROOF installed 2023. WATER HEATER replaced in 2021. AC REPLACED in 2020. Fresh paint throughout July 2024. Newly installed wood like floors in dinning, family and all bedrooms(No Carpet). Island kitchen with quartz counters, walk-in pantry and built-in desk. Formal dinning and study with French doors. Bright & spacious Master suite. Master bath with double sink, garden tub and large walk-in closet. Covered back patio with full sprinkler system.

Investor Tools

Property Icon
$411,000
Estimated Property Value
$237,335Estimated Mortgage Balance
$173,665Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,514 /month
Positive
Cash Flow Estimate:
$838 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$586/month
$1,450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,971
$389,843
2025
$72,345
$317,498
$389,843
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,971
$389,843

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$245,000
No
First
Aug 27, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,335
$173,665
42%
58%
$1,469/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,919/mo
$-339/mo
7.5%

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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4702 Banning Park Court | Property Details | No Agent List