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$940,000

NAL Estimated Property Value

4818 Shadow Grass Dr, Katy, TX, 77493

Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths3,484 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.19 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size1.91 acres

Building Information

Year Built2005
Garage Spaces4

Land Information

APN1237890020007
Lot Number7
SubdivisionKaty Lake Estates
Land UseResidential
Legal DescriptionLT 7 BLK 2 KATY LAKE ESTATES SEC 2
Census Tract542902
Assessed Land Value$341,120
Assessed Improvement Value$456,435
Assessment Year2025

About this property

Stunning 2-story custom home on nearly 2 acres, located on a quiet cul-de-sac street w/lake views in Katy Lake Estates - one of Katy's most exclusive communities & best kept secrets! Boasts breathtaking backyard resort w/recently replastered heated pool & spa, pavilion-style covered patio w/outdoor kitchen, & lush resort landscape. Charming covered front porch welcomes you into the foyer, elegant formal dining, & executive study behind French doors. Open-concept family room w/cozy fireplace & soaring 2-story ceilings, opens to the breakfast space & Chef's island kitchen; boasting granite counters & modern SS appliances. 2 beds down, including Primary Suite w/spa-like en-suite bath; complete w/dual sinks, jetted tub + separate shower, & huge walk-in closet. Flexible game room up + 4 more beds & 2 baths for sharing. Also features pre-wired alarm, gleaming hardwood floors, whole-home generator, recent roof & zoned A/Cs, on-site septic & well, in-ground lawn sprinkler, 3-car garage & more.

Investor Tools

Property Icon
$940,000
Estimated Property Value
$576,518Estimated Mortgage Balance
$363,482Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,640 /month
Positive
Cash Flow Estimate:
$1,880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,386/month
$1,320/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,934
$797,555
2025
$341,120
$456,435
$797,555
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,934
$797,555

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$608,000
No
First
Jul 10, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$576,518
$298,482
34%
61%
$3,646/mo

City: Katy

4818 Shadow Grass Dr | Property Details | No Agent List