Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$579,000

NAL Estimated Property Value

5714 Grandwood Lane, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,019 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.77 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Lot Size8,673 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3531-08-002-0030-914
Lot Number3
SubdivisionGrand Lakes Phase Three Sec 8
Land UseResidential
Legal DescriptionGRAND LAKES PHASE THREE SEC 8, BLOCK 2, LOT 3
Census Tract673009
Assessed Land Value$97,500
Assessed Improvement Value$470,010
Assessment Year2025

About this property

Welcome to this beautifully designed 4-bed, 3-full bath home in Grand Lakes offering 3,019 sq ft of stylish comfort. From the inviting curb appeal and established landscaping to the elegant glass front door with wrought iron inlays, every detail impresses. Inside, enjoy wood-look tile, plantation shutters, crown molding, extended baseboards, and a light, neutral palette throughout. The expansive kitchen features a massive island, granite countertops, custom cabinetry, designer backsplash, built-in spice racks, and undercabinet lighting and opens to a warm family room with fireplace and wall of windows. The primary suite is a retreat with a spa-like bath, frameless shower, soaking tub, and custom closets. Spacious secondary bedrooms, a private office, and a huge covered patio with low-maintenance yard complete this must-see home! Ideally located south of I-10 near the Grand Parkway and Fry Rd. makes access to downtown Houston and beyond easy. Zoned to highly acclaimed Katy ISD.

Investor Tools

Property Icon
$579,000
Estimated Property Value
$0Estimated Mortgage Balance
$579,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$805/month
$1,250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,769
$542,968
2025
$97,500
$470,010
$567,510
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,769
$542,968

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$579,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$1,250/mo
+$1,580/mo
5.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

5714 Grandwood Lane | Property Details | No Agent List