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$615,000

5515 Granite Meadow Dr, Katy, TX, 77494

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,310 Sq Ft
price_per_sqft$185.8 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Dryer Included, Refrigerator Included, Washer Included, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesSprinkler System
Lot Size8,865 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6780-14-004-0010-914
Lot Number1
SubdivisionSeven Meadows Sec 14
Land UseResidential
Legal DescriptionSEVEN MEADOWS SEC 14, BLOCK 4, LOT 1
Census Tract673105
Assessed Land Value$80,080
Assessed Improvement Value$469,700
Assessment Year2025

About this property

Situated in the highly sought-after heart of Seven Meadows, this spacious 4–5 bedroom, 3.5 bath hm offers exceptional comfort and convenience near award-winning Katy ISD schools, premier golf courses, shopping, dining, medical facilities, and entertainment. The home features elegant formal living and dining areas, a lg private study with French doors and walk-in closet (can serve as a 5th bdrm), and an open-concept kitchen w/5 burner gas stove, beautiful granite countertops overlooking lg family rm w a cozy fireplace. The expansive primary suite includes a luxurious ensuite bath with jetted tub, lg walk-in closet and plantation shutters. Upstairs boast 3 bedrooms, 2 full baths including second ensuite and lg game rm. Enjoy outdoor living with a pool-sized backyard w covered patio. Recent carpet & mirrors. Garage w epoxy floors, sprinkler system and washer, dryer, refrigerator convey. Includes access to Seven Meadows community pool, clubhouse, and fitness center.

Investor Tools

$0Estimated Mortgage Balance
$551,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,690 /month
Positive
Cash Flow Estimate:
$1,230 /month

Interested in this property?

Cheryl Wheeler

RE/MAX Cinco Ranch

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$763/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,400
$520,061
2025
$80,080
$469,700
$549,780
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,400
$520,061

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$551,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
N/A
+$3,340/mo
7.3%

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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