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$746,000

NAL Estimated Property Value

5010 Luke Ridge Lane, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,084 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.79 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Lot Size10,375 sqft

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2290-18-001-0140-914
Lot Number14
SubdivisionCinco Ranch West Sec 18
Land UseResidential
Legal DescriptionCINCO RANCH WEST SEC 18, BLOCK 1, LOT 14
Census Tract673106
Assessed Land Value$119,600
Assessed Improvement Value$599,880
Assessment Year2025

About this property

THESE ROOMS ARE BIG! Spacious two-story located in the HEART OF CINCO RANCH. Tile flooring in the extended entry, family room, kitchen, breakfast & baths. Wood flooring in the formal dining room & study. Study with French doors. Kitchen with gas cooktop (4 burners & grill), granite & DOUBLE OVENS. Wrought iron spindles on split stairs. PLANTATION SHUTTERS. Walk-in closets everywhere...GREAT STORAGE. Upstairs gameroom. Upgraded carpet & pad. Cabinets & most of interior just repainted. RECENTLY REPLACED ITEMS : ROOF, microwave & exterior paint (2019). Dishwasher & pool pump (2018). A/C, furnaces, water heaters & ceiling fans (2017). COVERED BACK PATIO. Oversized garage. Pool & spa (child safety fence included). Private backyard with NO BACK NEIGHBORS! Backyard gate to greenbelt with sidewalk leading to Beckendorff Jr High & Kona Roastery Coffee House. A++ Katy ISD Schools!

Investor Tools

Property Icon
$746,000
Estimated Property Value
$434,990Estimated Mortgage Balance
$311,010Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,476 /month
Positive
Cash Flow Estimate:
$1,492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,186/month
$1,115/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,497
$719,480
2025
$119,600
$599,880
$719,480
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,497
$719,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$480,000
No
First
Jun 4, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$434,990
$311,010
41%
58%
$2,878/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,993/mo
$-653/mo
5.4%

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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5010 Luke Ridge Lane | Property Details | No Agent List