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$665,000

7238 Monarch Drive, Katy, TX, 77493

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,331 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.64 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesENERGY STAR Qualified Appliances, Disposal, Refrigerator Included, Washer Included, Convection Oven, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Engineered Wood, Tile

Exterior

Exterior FeaturesSide Yard, Sprinkler System
Lot Size7,579 sqft

Building Information

Year Built2022
Stories2
Garage Spaces2

Land Information

APN422398-003-014-000
Lot Number14
SubdivisionCane Island 38
Land UseResidential
Legal DescriptionS422398 CANE ISLAND 38 BLK 3 LOT 14
Census Tract680100
Assessed Land Value$75,000
Assessed Improvement Value$537,570
Assessment Year2025

About this property

Welcome to a stunning two-story residence in the heart of Cane Island. Encompassing 3,331 square feet of meticulously crafted living space, this exceptional home features 4 spacious bedrooms—2 conveniently located downstairs—complemented by a 3 car garage. The open floor plan is a masterpiece of design, seamlessly integrating the gourmet kitchen, complete with grand kitchen island, with the family room to create an inviting & harmonious space perfect for gatherings. Natural light floods the living room through sliding glass doors, offering picturesque views of the lush garden & expansive covered patio—ideal for relaxation or entertaining. The exceptionally large laundry room is designed for efficiency, featuring included appliances such as a refrigerator, washer, & dryer. Retreat to the impressively large primary bedroom & indulge in the glamour of a Hollywood-style bathroom. Enjoy the spacious upstairs gameroom, perfectly suited for family fun, a home gym, or a quiet retreat.

Investor Tools

$471,877Estimated Mortgage Balance
$186,123Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,990 /month
Positive
Cash Flow Estimate:
$1,330 /month

Interested in this property?

Lauren Manuel

Realm Real Estate Professionals - Katy

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$274/month
$1,597/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$612,570
2025
$75,000
$537,570
$612,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$612,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas First Bank
Commercial
$507,300
No
First
Sep 8, 2022
Dec 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$471,877
$186,123
28%
72%
$3,042/mo

City: Katy

7238 Monarch Drive | Property Details | No Agent List