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$557,000

NAL Estimated Property Value

7502 Greengrass Meadows Ln, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,050 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$238.66 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size9,579 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1418800020012
Lot Number12
Land UseResidential
Legal DescriptionLT 12 BLK 2 ELYSON SEC 28
Census Tract543005
Assessed Land Value$123,668
Assessed Improvement Value$420,371
Assessment Year2025

About this property

MLS# 39094090 - Built by Highland Homes - Ready Now! ~ Dramatic entrance with soaring ceilings. With the mindset so many of us share that the kitchen is the heart of the home, this plan doesn't disappoint with those using it able to easily interact and see everyone whether their guests or family are in the keeping area, dining area, family room, or even the covered patio. Kitchen has 2 large islands and plenty of storage.

Investor Tools

Property Icon
$557,000
Estimated Property Value
$503,481Estimated Mortgage Balance
$53,519Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,368 /month
Positive
Cash Flow Estimate:
$1,456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$930/month
$1,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,370
$544,039
2025
$123,668
$420,371
$544,039
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,370
$544,039

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$548,250
No
First
Jan 14, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$503,481
$40,558
7%
90%
$3,288/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$4,438/mo
$-1,558/mo
6.2%

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.

Explore Texas Explore This Area
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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