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$538,090

NAL Estimated Property Value

7406 Hanover Ln, Katy, TX, 77493

$547,121 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,683 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.49 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size10,149 sqft

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APN422475-002-009-000
Lot Number9
SubdivisionCane Island 15
Land UseResidential
Legal DescriptionS422475 CANE ISLAND 15 BLK 2 LOT 9
Census Tract680100
Assessed Land Value$75,000
Assessed Improvement Value$463,090
Assessment Year2025

About this property

INCREDIBLE 4 bed, 3 bath brick home nestled on a corner lot in the amenity-rich Master Planned Community of Cane Island. Features include mature landscaping, soaring ceilings, hard surface floors throughout, and large windows providing ample natural light. The single-story home boasts a dedicated home office, main-level game room, spacious living room with vaulted ceiling and wall of windows, open dining area, dream kitchen with custom backsplash, gorgeous counters, rich cabinetry, stainless appliances, huge center island with seating, and walk-in pantry. The primary bedroom is a true retreat with large windows overlooking the backyard, a custom walk-in closet, and a private spa-like bath. Three generous-sized secondary bedrooms, two full baths, and an oversized laundry room round out the interior. The fully fenced backyard and covered patio are perfect for outdoor gatherings or relaxation. Experience the exceptional lifestyle Cane Island offers—this home is not to be missed!

Investor Tools

Property Icon
$538,090
Estimated Property Value
$453,113Estimated Mortgage Balance
$84,977Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$547,121
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,229 /month
Positive
Cash Flow Estimate:
$1,076 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$879/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$538,090
2025
$75,000
$463,090
$538,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$538,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$462,650
No
First
Mar 20, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$453,113
$84,977
15%
84%
$2,774/mo

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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7406 Hanover Ln | Property Details | No Agent List