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$772,210

NAL Estimated Property Value

7203 Prairie Grass Ln, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,451 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.65 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesMicrowave, Gas Cooktop, Dishwasher, Oven, Cooktop
FlooringCarpet, Tile, Wood

Building Information

Year Built2015
Stories2
Garage Spaces2

Land Information

APN422366-004-025-000
Lot Number25
SubdivisionCane Island 6
Land UseResidential
Legal DescriptionS422366 CANE ISLAND SECTION 6 BLK 4 LOT 25
Census Tract680100
Assessed Land Value$90,000
Assessed Improvement Value$682,210
Assessment Year2025

About this property

Price reduced to reflect seller’s motivation. Home has been well kept! A previous inspection report is available upon request. Located minutes from I-10, Hwy 90, and Creekside Pocket Park, this spacious home features a 3-car garage, fenced backyard, and covered patio. Inside offers an office/flex room with French doors, formal dining, and a living room with soaring ceilings, fireplace, and tall windows. The kitchen includes a breakfast bar, nook, butler’s pantry, and walk-in pantry. The main level has a bedroom, full bath, half bath, utility room, and mudroom. The primary suite features tray ceilings, dual vanities, soaking tub, glass-framed shower, and a large walk-in closet. Upstairs includes a game room, media room, and two bedrooms with attached bathrooms.

Investor Tools

Property Icon
$772,210
Estimated Property Value
$587,896Estimated Mortgage Balance
$184,314Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,633 /month
Positive
Cash Flow Estimate:
$1,544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,261/month
$1,600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$772,210
2025
$90,000
$682,210
$772,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$772,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rwa Credit Spv I Llc
Building Or Construction Loan
$595,724
No
First
Aug 6, 2025
Sep 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$587,896
$184,314
23%
76%
$3,572/mo

City: Katy

7203 Prairie Grass Ln | Property Details | No Agent List