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$2,500

$389,999

5123 Forest Sage Ln, Katy, TX, 77494

On MarketInfo
Just AddedInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,260 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.11 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesSprinkler System
Lot Size6,440 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces1

Land Information

APN2295-01-003-0160-914
Lot Number16
SubdivisionCinco West At Seven Meadows Sec 1
Land UseResidential
Legal DescriptionCINCO WEST AT SEVEN MEADOWS SEC 1, BLOCK 3, LOT 16
Census Tract673105
Assessed Land Value$54,600
Assessed Improvement Value$349,832
Assessment Year2025

About this property

Welcome home to Cinco West at Seven Meadows! This private residence is situated on a cul de sac in the heart of Katy! This home provides 2,260 sq ft of living space, 4 bedrooms, 2.5 baths, a home office/flex room, + a game room! Hard flooring greets you upon entering & extends throughout the main areas of the 1st floor. The kitchen features stone counters, SS appliances, ample storage & counter space, & seamless connection to the breakfast nook. The family room boasts a gas fireplace & dramatic 2-story ceilings! The large primary retreat has an en-suite bath w/ double sinks, soaking tub, separate shower, & walk-in closet. The laundry room is on the 1st floor as well as the office/flex room & a useful powder room. Upstairs, 3 secondary bedrooms, a full bathroom, & the game room are perfect for all activities. Home features upgraded lighting, recent carpet, sprinklers, auto garage opener, recent roof, & much more!

Investor Tools

Property Icon
$410,000
Estimated Property Value
$208,500Estimated Mortgage Balance
$237,923Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

Interested in this property?

Jared Turner

Turner Mangum,LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$722/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,612
$404,432
2025
$54,600
$349,832
$404,432
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,612
$404,432

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Conventional
$208,500
No
First
Jan 30, 2018
Feb 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,077
$237,923
58%
42%
$1,251/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,251/mo
+$2,089/mo
9.8%

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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5123 Forest Sage Ln | Property Details | No Agent List