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$699,000

5619 Timber Bay Ct, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,864 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.87 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,657 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN3531-06-002-0070-914
Lot Number7
SubdivisionGrand Lakes Phase Three Sec 6
Land UseResidential Single Family Houses
Legal DescriptionGRAND LAKES PHASE THREE SEC 6, BLOCK 2, LOT 7
Census Tract673009
Assessed Land Value$110,500
Assessed Improvement Value$559,151
Assessment Year2025

About this property

Gorgeous Lake Front home in Grand Lakes community! This home has beautiful curb appeal w the swing around garage, lush landscaping, cul de sac street. Walking in you are greeted w a beautiful curved wood stair case, high ceilings, elegant formal dining room w high ceilings, crown molding, wood flooring & lots of windows for natural sun light. Kitchen w butlers pantry, gorgeous quartz counters, subway tile back splash, undermount sink, 6 gas burner cook top, & island. Large living room w gas log fireplace & a stunning view of the lake. Large primary bedroom w luxury plank wood & it's own fireplace perfect for those chilly evenings, totally remodeled primary bathroom w crystal chandelier, gorgeous granite counters, soaker tub, walk in seamless shower w a bench & duel shower heads. Private study that could also be used as a 5th bedroom. Second floor w huge game room looking out to the sparkling lake, huge secondary rooms w large closets. Home didn't flood. Highly rated Katy ISD Schools.

Investor Tools

Property Icon
$699,000
Estimated Property Value
$400,000Estimated Mortgage Balance
$319,712Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,206/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,976
$669,651
2025
$110,500
$559,151
$669,651
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,976
$669,651

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$695,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$1,200/mo
+$1,630/mo
4.9%

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.

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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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