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$506,997

NAL Estimated Property Value

5011 Southbend Park Lane, Katy, TX, 77494

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,743 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.23 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

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

Exterior

Lot Size7,555 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2290-10-001-0370-914
Lot Number37
SubdivisionCinco Ranch West Sec 10
Land UseResidential
Legal DescriptionCINCO RANCH WEST SEC 10, BLOCK 1, LOT 37
Census Tract673106
Assessed Land Value$65,000
Assessed Improvement Value$441,997
Assessment Year2025

About this property

Fantastic 3-bedroom, 3.5 bath, 1.5 story in highly sought-after Heritage Grand 55+ active adult community. Rare 2808 sq ft home. This home has 2 primary bedrooms and primary bathrooms on the 1st floor. Separate Dining room and study in the front of the house with tile/carpet floors. Spacious living room with gas fireplace. Granite counters in kitchen which overlooks the living room and breakfast area for great open entertaining. Total home generator, no back neighbor. HOA covers many amenities please see attached sheet. Heritage Grand is an Active adult 55+ community with a full-service clubhouse with activities 7 days a week as well as a beautiful pool, gym, miniature golf, bocce ball, pickle ball and basketball court. Conveniently located in Cinco Ranch near shopping, dining and beautiful La Centera Shopping center. All rooms sizes are approx. please verify.

Investor Tools

Property Icon
$506,997
Estimated Property Value
$0Estimated Mortgage Balance
$506,997Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,042 /month
Positive
Cash Flow Estimate:
$1,014 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$963/month
$335/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,024
$506,997
2025
$65,000
$441,997
$506,997
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,024
$506,997

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$506,997
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$335/mo
+$2,245/mo
6.1%

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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5011 Southbend Park Lane | Property Details | No Agent List