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B+
NoAgentList RatingHow are grades calculated?Info

$1,009,000

NAL Estimated Property Value

6507 Indiangrass Ln, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths5,355 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.81 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator, Microwave, Gas Cooktop, Double Oven
FlooringCarpet, Marble, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size19,305 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces5

Land Information

APN6780-08-001-0240-914
Lot Number24
SubdivisionSeven Meadows Sec 8
Land UseResidential
Legal DescriptionSEVEN MEADOWS SEC 8, BLOCK 1, LOT 24
Census Tract673104
Assessed Land Value$188,370
Assessed Improvement Value$875,573
Assessment Year2025

About this property

Elegance lives here...LIKE NO OTHER! Custom floor plan built by Partners In Building with recent DESIGNER TOUCHES on almost HALF ACRE LOT along MEADOWBROOK FARMS GOLF COURSE with POOL, SPA & WATERFALL. Double front door with a graceful marble entry. Other flooring includes recent wood-like tile & wood stairs. This kitchen is an entertainer's dream.. central marble island & counter tops, gas cooktop, DOUBLE OVENS, walk-in pantry with SECOND REFRIG & OVERSIZED breakfast area. HUGE master suite with sitting room. Upstairs gameroom, media room & HARRY POTTER bathroom. Spacious SECONDARY BEDROOMS with WALK-IN CLOSETS. Mud room. Laundry chute. Shutters. Incredible views. Topnotch 20x15 screened-in COVERED PATIO with Viking OUTDOOR KITCHEN & BAR. Professional yard drainage system. In-floor pool cleaning system. 4 CAR GARAGE. Cul-de-sac street. Easy access to Westpark Tollway. Zoned for A++ Katy ISD Schools. NO DISAPPOINTMENTS!

Investor Tools

Property Icon
$1,009,000
Estimated Property Value
$719,800Estimated Mortgage Balance
$289,200Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,054 /month
Positive
Cash Flow Estimate:
$2,018 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,559/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,660
$981,333
2025
$188,370
$875,573
$1,063,943
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,660
$981,333

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bbva Usa
Conventional
$815,200
No
First
May 18, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$719,800
$327,200
31%
71%
$4,888/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$6,088/mo
$-2,748/mo
4.0%

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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6507 Indiangrass Ln | Property Details | No Agent List