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$296,109

NAL Estimated Property Value

5518 Summit Lodge Dr, Katy, TX, 77449

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,662 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.43 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size6,843 sqft

Building Information

Year Built1997
Garage Spaces2

Land Information

APN1164580210018
Lot Number18
SubdivisionVillages Of Bear Creek
Land UseResidential
Legal DescriptionLT 18 BLK 2 AMENDED VILLAGES OF BEAR CREEK SEC 1 PAR R/P
Census Tract542203
Assessed Land Value$52,691
Assessed Improvement Value$243,418
Assessment Year2025

About this property

Welcome to 5518 Summit Lodge Drive, located in the desirable Bear Creek subdivision, offering over 2,660 square feet of living space. This spacious 4-bedroom, 2.5-bath home is priced to sell and presents an excellent opportunity for both owner-occupants and investors. While the property could benefit from a little TLC, the major mechanical updates have already been completed for you, providing peace of mind and long-term value. Recent updates include: • Two A/C units — one replaced last year and the other approximately four years ago • 2 furnaces replaced in 2026 • Hot water tank replaced in 2025 Enjoy a large backyard with no rear neighbors, offering added privacy, along with a generous patio space perfect for entertaining. Located in a well-maintained community with strong pride of ownership, this home is a fantastic opportunity to add your personal touch while benefiting from key system upgrades already in place. Schedule your showing today.

Investor Tools

Property Icon
$296,109
Estimated Property Value
$259,449Estimated Mortgage Balance
$36,660Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,777 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$264/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,683
$296,109
2025
$52,691
$243,418
$296,109
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,683
$296,109

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Cmg
Unknown
$260,200
No
First
Mar 17, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,449
$36,660
12%
88%
$1,561/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$2,111/mo
+$669/mo
11.3%

Learn About the Market: Opportunity in Texas

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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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5518 Summit Lodge Dr | Property Details | No Agent List