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$389,000

$469,999

6418 Columbia Falls Ln, Katy, TX, 77450

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,381 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.38 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringVinyl

Exterior

Lot Size9,726 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3531-04-002-0020-914
Lot Number2
SubdivisionGrand Lakes Phase Three Sec 4
Land UseResidential
Legal DescriptionGRAND LAKES PHASE THREE SEC 4, BLOCK 2, LOT 2
Census Tract673009
Assessed Land Value$57,330
Assessed Improvement Value$376,170
Assessment Year2025

About this property

Nestled on an oversized lot with no back neighbors, this updated one-story home in Grand Lakes features 4 bedrooms, 2.5 bathrooms, and a 3-car garage with a built-in workstation. The Austin stone exterior, new cedar shutters, fresh interior paint, painted white cabinetry, and luxury blonde LVP flooring create a timeless aesthetic. A new HVAC system and 22kW Generac whole-home generator provide added peace of mind. The island kitchen features Taj Mahal quartz countertops, white cabinetry, generous prep space, and a breakfast bar open to the living and dining areas. The spacious primary suite offers a spa-inspired bath with a Taj Mahal quartz walk-in shower, freestanding soaking tub, dual vanities, and a Taj Mahal stone fireplace. Updated lighting and ceiling fans complete the interior. Relax under the covered patio overlooking the oversized backyard. Conveniently located near Grand Parkway (99), Westpark Tollway, and I-10, and zoned to acclaimed Katy ISD.

Investor Tools

$304,761Estimated Mortgage Balance
$118,179Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,535 /month
Positive
Cash Flow Estimate:
$845 /month

Interested in this property?

Adam Bushnell

Texas Premier Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$312/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,627
$422,499
2025
$57,330
$376,170
$433,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,627
$422,499

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mediasphere Llc
Commercial
$305,200
No
First
Jun 1, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,761
$184,239
37%
72%
$1,830/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$3,030/mo
$-840/mo
6.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

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

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6418 Columbia Falls Ln | Property Details | No Agent List