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$2,063,410

NAL Estimated Property Value

7338 Palmetto Springs Trl, Katy, TX, 77493

Off MarketInfo
Beds6 Beds
Baths7 Bath
Baths7,052 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$315.51 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 6Bathrooms Full 6
Garage AvailableGarage Available
AppliancesENERGY STAR Qualified Appliances, Disposal, Ice Maker, Water Softener, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Outdoor Kitchen
Lot Size23,305 sqft

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APN422376-002-004-000
Lot Number4
SubdivisionCane Island 16
Land UseResidential
Legal DescriptionS422376 CANE ISLAND 16 BLK 2 LOT 4
Census Tract680100
Assessed Land Value$285,000
Assessed Improvement Value$1,778,410
Assessment Year2025

About this property

Welcome to The Estates at Cane Island. 7052 sq ft Custom Updated Estate Home. 6 bds! 5full, 2 half baths Enter thru the recent Large Glass Single Pivot Door. Look up to the Double Staircase. A perfect prom picture setting! Enjoy the open sitting area w/view of the backyard Paradise. Dine in formally with a butlers pantry. Next step into the large open kitchen complete with Viking appliances, wet-bar & ice maker! Family room or den w/gas fireplace & another pretty Lg Pivot door to outside. 1st floor: Primary bedroom with sitting area, LG beautiful Primary bath-Double Shower, a guest bedroom & bath, Study, Lg laundry 2nd floor: 2nd primary bd&ensuite bath,3 more bedrooms w/ bath, Media, Gameroom, Balconies, Back staircase. Cool off in the outstanding Hotel-sized Pool&spa! waterfalls, multicolor LED pool lights, pool bath, covered patios, outdoor kitchen&grill, plus custom outdoor lighting, & beautiful glass gas firepit!23036 sq ft lot. Agents- Continue to show

Investor Tools

Property Icon
$2,063,410
Estimated Property Value
$1,571,824Estimated Mortgage Balance
$491,586Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,350 /month
Positive
Cash Flow Estimate:
$4,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,370/month
$2,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$2,063,410
2025
$285,000
$1,778,410
$2,063,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$2,063,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Baron Creek Fund Ii Lp
Commercial
$1,600,000
No
First
May 22, 2025
May 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,571,824
$491,586
23%
76%
$9,593/mo

City: Katy

7338 Palmetto Springs Trl | Property Details | No Agent List