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General Description
minimizeStunning Highland Home in Master Planned Cinco Ranch SW. Oversized >1/4ac lot w/rare water views, across street from park pavilion & 1 block from CR II Lakehouse & pool. AMAZING resort-style backyard w/heated POOL & SPA. Gated courtyard entry & covered front porch welcomes you to grand foyer w/soaring 2-story ceilings, executive study behind French doors, & elegant formal dining. Fantastic open-concept family room w/stately wooden beams & stone fireplace, opens to light breakfast space & oversized island kitchen; boasting elegant granite counters, refinished white cabinetry, & modern SS appliances. 2 bedrooms down, including Primary Suite w/spa-like en-suite bath; complete w/dual sinks, & Whirlpool tub + separate shower. 4 beds up + built-in desk niches, flexible game room, & impressive media room. Also features pre-wired alarm, 3-car garage w/workshop area, gleaming wood floors, in-ground lawn sprinkler, upgraded lighting/ceiling fans, zoned AC/heating, & more. This home has it ALL!
Rooms/Lot Dimensions
Interior Features
Exterior Features
Additional Information
Financial Information
Selling Agent and Brokerage
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Property Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $171.32 | $794,406 | 20.06% | $671,836 | 10.00% |
| 2022 | $142.69 | $661,670 | 19.17% | $610,760 | 10.00% |
| 2021 | $119.74 | $555,240 | 1.35% | $555,240 | 1.35% |
| 2020 | $118.15 | $547,840 | 3.86% | $547,840 | 3.86% |
| 2019 | $113.76 | $527,490 | 0.13% | $527,490 | 0.13% |
| 2018 | $113.60 | $526,780 | -3.93% | $526,780 | -3.93% |
| 2017 | $118.26 | $548,350 | 6.08% | $548,350 | 9.10% |
| 2016 | $111.47 | $516,900 | 6.63% | $502,620 | 10.00% |
| 2015 | $104.54 | $484,770 | 16.70% | $456,930 | 10.00% |
| 2014 | $89.58 | $415,390 | 1.25% | $415,390 | 1.25% |
| 2013 | $88.48 | $410,280 | $410,280 |
2023 Fort Bend County Appraisal District Tax Value
| Market Land Value: | $109,725 |
| Market Improvement Value: | $684,681 |
| Total Market Value: | $794,406 |
2023 Tax Rates
| KATY ISD: | 1.3048 % |
| FT BEND CO GEN: | 0.4383 % |
| FORT BEND DRNG: | 0.0129 % |
| FT BEND CO ESD 4: | 0.0970 % |
| CINCO SOUTHWEST MUD 2: | 0.8200 % |
| Total Tax Rate: | 2.6730 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 3,434 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 1,496 |
| Home Owners Insurance | Get a Quote |
Subdivision Facts
minimize2023 Subdivision Facts
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Excellent | 
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Property Map
minimize10123 Terrance Springs Lane Katy TX 77494 was recently sold. It is a 0.26 Acre(s) Lot, 4,637 SQFT, 6 Beds, 4 Full Bath(s) & 1 Half Bath(s) in Cinco Ranch Southwest.
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