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$484,000

NAL Estimated Property Value

6111 Meadowstream Ct, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,480 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.54 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerMove-In Ready

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 Size6,293 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3531-10-002-0160-914
Lot Number16
SubdivisionGrand Lakes Phase Three Sec 10
Land UseResidential
Legal DescriptionGRAND LAKES PHASE THREE SEC 10, BLOCK 2, LOT 16
Census Tract673009
Assessed Land Value$55,900
Assessed Improvement Value$419,647
Assessment Year2025

About this property

Completely updated and move-in ready, this stunning home in Grand Lakes offers 4 bedrooms, 2.5 baths, and a private backyard oasis. The first floor features updated flooring, a gorgeous fully remodeled kitchen with custom shelving, a spacious dining room, and an oversized primary suite with a beautifully updated bathroom. Upstairs includes three secondary bedrooms and a versatile game room. Enjoy outdoor living with a sparkling pool, hot tub, covered patio, uplighting, and lush landscaping for added privacy. Located on a quiet cul-de-sac, this home is zoned to top-rated Alexander Elementary, Beckendorff Junior High, Seven Lakes HS. Grand Lakes offers resort-style amenities including multiple pools, splash pads, tennis courts, lakes, walking trails, and playgrounds. Easy access to Westpark Tollway, Grand Parkway, shopping, and dining at LaCenterra. A must-see!

Investor Tools

Property Icon
$484,000
Estimated Property Value
$386,059Estimated Mortgage Balance
$97,941Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,939 /month
Positive
Cash Flow Estimate:
$980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,312
$448,054
2025
$55,900
$419,647
$475,547
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,312
$448,054

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$391,200
No
First
Aug 9, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$386,059
$98,941
20%
80%
$2,346/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$3,546/mo
$-716/mo
7.0%

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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6111 Meadowstream Ct | Property Details | No Agent List