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$360,000

5314 Paradise Cove Ln, Katy, TX, 77493

$378,164 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,058 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.93 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Microwave, Dishwasher

Exterior

Lot Size6,477 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1464550040039
Lot Number39
Land UseResidential
Legal DescriptionLT 39 BLK 4 SUNTERRA SEC 40
Census Tract542902
Assessed Land Value$73,849
Assessed Improvement Value$282,365
Assessment Year2025

About this property

Welcome to Sunterra, where resort style living meets everyday comfort. Situated on a cul de sac street, this Colina home features 4 bedrooms, 3 bathrooms, high ceilings, and expansive windows throughout the open concept layout. The spacious kitchen features a large island that connects seamlessly to the living and dining areas, creating an inviting space for everyday living and entertaining. Three secondary bedrooms offer flexibility for family, guests, or a home office, while the private primary suite at the back of the home features a spacious bathroom with a separate soaking tub and shower, and a walk in closet. Enjoy relaxing outdoors on the covered patio. Beyond the home, experience the lifestyle that makes Sunterra a sought after community, with its signature crystal clear lagoons and resort inspired amenities. Whether you’re buying your first home, relocating, or looking for more room to grow, this home provides comfort and community. Owned by a Licensed Realtor.

Investor Tools

$319,485Estimated Mortgage Balance
$36,729Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$378,164
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
$1,803/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,505
$356,214
2025
$73,849
$282,365
$356,214
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,505
$356,214

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$336,931
No
First
Dec 30, 2023
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$319,485
$36,729
10%
90%
$2,021/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$3,824/mo
$-944/mo
9.7%

City: Katy

5314 Paradise Cove Ln | Property Details | No Agent List