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Owner Contacts

$605,000

NAL Estimated Property Value

6807 Cottonwood Crest Lane, Katy, TX, 77493

$649,537 ARV

Off Market

4 Beds

4 Bath

3,609 Sq Ft

Single Family Residence

$108.06 / sqft

Built in 2015

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4

Bathrooms 4

Garage Available

AppliancesDishwasher, Disposal, Refrigerator, Microwave, Gas Cooktop, Electric Oven

FlooringCarpet, Tile, Wood

Building Information

Year Built2015

Stories2

Garage Spaces2

Land Information

APN474805-002-002-000

Lot Number2

SubdivisionFalls At Green Meadows 5

Land UseResidential

Legal DescriptionS474805 FALLS AT GREEN MEADOWS 5 BLK 2 LOT 2

Census Tract680100

Assessed Land Value$70,000

Assessed Improvement Value$502,250

Assessment Year2025

About this property

Exceptionally upgraded Village Builder home situated on a cul de sac street w/no back neighbors. From the impeccable brick & stone elevation to the exquisite interior details,this home does not disappoint. Beautiful hardwood flooring,blinds,abundant light,& ceiling fans throughout.First floor w/extraordinary study,elegant formal dining room,two secondary bedrooms w/Jack n Jill bath,front guest room & full bath.Island kitchen w/granite counters,rich 42''cabinets w/under-counter lighting & hardware, built in appliances,& pendant lighting.Charming adjoining breakfast room.Family room w/corner cast stone fireplace & stunning floors.Large master retreat w/private bath w/double sinks,granite,corner tub,separate shower,& closet w/windows & built ins.Upstairs gameroom,media room,& full bath.Walk outside & enjoy your extended covered patio & grand backyard.Community has walking trails,lakes, & clubhouse w/pool & playground. Great location within minutes of Katy City Park & Mary Jo Peckham Park.

Investor Tools

$605,000

Estimated Property Value

$320,955Estimated Mortgage Balance

$284,045Estimated Equity

46% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$649,536

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,630 /month

Positive

Cash Flow Estimate:

$1,210 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$252/month

$1,040/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$572,250

2025

$70,000

$502,250

$572,250

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$572,250

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Independent Bank

Conventional

$312,000

First

Aug 30, 2019

Sep 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$320,955

$284,045

46%

53%

$2,222/mo

Learn About the Market: Opportunity in Texas

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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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