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$381,000

NAL Estimated Property Value

5722 Walkabout Way Way, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,451 Sq Ft
price_per_sqft$132.6 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,468 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2276-03-003-0110-914
Lot Number11
SubdivisionCinco Ranch Southpark Sec 3
Land UseResidential
Legal DescriptionCINCO RANCH SOUTHPARK SEC 3, BLOCK 3, LOT 11
Census Tract673008
Assessed Land Value$52,000
Assessed Improvement Value$327,775
Assessment Year2025

About this property

Beautiful 2 Story, 4 bedroom updated home in highly desirable master planned community Cinco Ranch ready for you to call "Home Sweet Home"!! Gorgeous entry way, Hugh family room with dining room connected, wonderfully equipped kitchen with granite counter tops open to the living area, a bright and inviting living room, huge backyard with an oversized patio. Well-maintained lawn and beautiful brick elevation offers great curb appeal! Walking distance to park to park, Zoned to highly-acclaimed Katy Schools!!

Investor Tools

Property Icon
$381,000
Estimated Property Value
$188,234Estimated Mortgage Balance
$192,766Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,286 /month
Positive
Cash Flow Estimate:
$762 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
$1,115/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,641
$379,775
2025
$52,000
$327,775
$379,775
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,641
$379,775

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guidance Residential Llc
Unknown
$195,250
No
First
May 15, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,234
$192,766
50%
49%
$1,171/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$2,286/mo
+$544/mo
8.9%

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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5722 Walkabout Way Way | Property Details | No Agent List