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$298,000

NAL Estimated Property Value

7402 Clover Chase Dr, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.2 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dryer, Refrigerator, Washer, Dishwasher
FlooringVinyl

Exterior

Lot Size5,079 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1465700050030
Lot Number30
Land UseResidential Single Family
Legal DescriptionLT 30 BLK 5 WINWARD SEC 11
Census Tract543100
Assessed Land Value$50,400
Assessed Improvement Value$228,860
Assessment Year2025

About this property

Enjoy the comfort of a never-lived-in, move-in-ready home in the growing Winward community. This Lennar Hawthorn plan from the Cottage Collection offers a practical, well-designed layout with space to fit a variety of lifestyles. The main level features an open living area connected to the kitchen and dining space, creating a functional setting for everyday living. The primary suite on the first floor provides privacy and convenience, while three additional bedrooms upstairs offer flexible use options. A spacious loft can serve as a home office, game room/media room, hobby area, or second living space, and the upstairs laundry room adds everyday ease. Laminate wood flooring throughout with no carpet keeps maintenance simple. Conveniently located near new Katy ISD schools, shopping, and major roadways, this home delivers comfort, efficiency, and the benefit of new construction without the wait.

Investor Tools

Property Icon
$298,000
Estimated Property Value
$203,570Estimated Mortgage Balance
$94,430Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$527/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,829
$279,260
2025
$50,400
$228,860
$279,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,829
$279,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Professional Mortgage Llc
Conventional
$211,500
No
First
May 3, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,570
$94,430
31%
68%
$1,269/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,269/mo
+$1,611/mo
11.6%

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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7402 Clover Chase Dr | Property Details | No Agent List