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B+
NoAgentList RatingHow are grades calculated? Info

$467,616

5306 Costa Ridge Ln, Katy, TX, 77493

$487,650 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,922 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.8 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size7,597 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1464550040021
Lot Number21
Land UseResidential
Legal DescriptionLT 21 BLK 4 SUNTERRA SEC 40
Census Tract542902
Assessed Land Value$75,490
Assessed Improvement Value$392,126
Assessment Year2025

About this property

This gorgeous Colina Home has amazing offerings! When you walk through the front door you will feel right at home. This home offers 4bedrooms,3.5bathrooms, dining & 3car garage! The living room, kitchen, area are open to each other with high ceilings. The kitchen features oversized island with seating,42" cabinetry, & spacious walk-in pantry. The primary bedroom is tucked away in the back of home with a spacious en suite bathroom & walk in closet. There is a Huge covered back patio great for grilling and fun, Lakes & Parks. Crystal Lagoon coming soon!

Investor Tools

Property Icon
$467,616
Estimated Property Value
$422,664Estimated Mortgage Balance
$63,461Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$487,649
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,889 /month
Positive
Cash Flow Estimate:
$963 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$900/month
$1,300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,464
$467,616
2025
$75,490
$392,126
$467,616
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,464
$467,616

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colina Mortgage Group Llc
Fha
$422,664
Yes
First
Dec 8, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$404,155
$63,461
13%
86%
$2,535/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$3,835/mo
$-955/mo
7.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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5306 Costa Ridge Ln | Property Details | No Agent List