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$941,135

7311 Spring Run Ln, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,867 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.19 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size14,246 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces4

Land Information

APN3532-02-001-0090-914
Lot Number9
SubdivisionGrand Lakes Phase 4 Sec 2
Land UseResidential
Legal DescriptionGRAND LAKES PHASE 4 SEC 2, BLOCK 1, LOT 9
Census Tract673106
Assessed Land Value$206,456
Assessed Improvement Value$734,679
Assessment Year2025

About this property

Stunning Lakefront Home in Highly Desired Grand Lakes! Experience luxury living in this exquisite 5 bedroom, 3 1/2 bath home nestled on an oversized cul-de-sac lot in the heart of Grand Lakes. Boasting an open floor plan perfect for entertaining, this home features a formal dining room with a custom wine closet, spacious game room, media room, & a dedicated home office. Enjoy breathtaking lake views with only one side neighbor for ultimate privacy. The resort-style backyard is a true oasis with a sparkling pool, hot tub & a convenient extra 1/2 bath for pool guests. Relax on the balcony overlooking the serene water or unwind in the oversized primary suite complete with a cozy fireplace. Additional highlights include a 3-car garage with an automatic driveway gate, a new roof (04/25) with a 25-year warranty & built in sound system. Don’t miss this rare opportunity to own a one-of-a-kind home in one of Katy’s most sought-after neighborhoods. Zoned to Award Winning Katy ISD Schools!

Investor Tools

Property Icon
$941,135
Estimated Property Value
$244,000Estimated Mortgage Balance
$701,067Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,463/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,848
$941,135
2025
$206,456
$734,679
$941,135
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,848
$941,135

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$244,000
No
First
Jun 26, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$240,068
$701,067
74%
26%
$1,463/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,663/mo
+$677/mo
4.3%

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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7311 Spring Run Ln | Property Details | No Agent List