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Days23Days on Market
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$685,000

5518 Ivory Lake Ct, Katy, TX, 77494

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,503 Sq Ft
price_per_sqft$195.55 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Water Softener, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringLaminate, Tile, Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size9,360 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces1

Land Information

APN2278-01-001-0200-914
Lot Number20
SubdivisionCinco Ranch Southwest Sec 1
Land UseResidential
Legal DescriptionCINCO RANCH SOUTHWEST SEC 1, BLOCK 1, LOT 20
Census Tract673110
Assessed Land Value$120,120
Assessed Improvement Value$479,157
Assessment Year2025

About this property

Beautifully maintained 5-bedroom, 4-bathroom home on a quiet cul-de-sac street in desirable Cinco Ranch, walking distance to Seven Lakes High School and Junior High. This home offers the layout and space buyers are looking for, with a 3-car garage, inviting front courtyard, formal dining, private home office, and secondary downstairs bedroom with full bath, perfect for guests or multi-gen living. The open family room connects to a large kitchen and breakfast area, while the downstairs primary suite features a luxury bath and huge walk-in closet. Upstairs offers three generous bedrooms, two full baths, and a separate game room. No carpet throughout the entire home. Enjoy a special backyard with a pergola, flagstone patio, waterfall and river feature. Notable upgrades include a 22kW Generac whole-house generator, safe room, water filtration system, select motorized blinds, 2021 roof, Bosch dishwasher, newer washer/dryer. Quick access to 1093, shopping, and several community pools.

Investor Tools

$0Estimated Mortgage Balance
$619,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,110 /month
Positive
Cash Flow Estimate:
$1,370 /month

Interested in this property?

David Edgerton

All City Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$875/month
$1,250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,409
$578,413
2025
$120,120
$479,157
$599,277
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,409
$578,413

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$619,000
100%
0%
$0/mo

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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5518 Ivory Lake Ct | Property Details | No Agent List