When was property at 22306 Fairbay Drive built and last sold?

The property at 22306 Fairbay Drive was built in 1992 and last sold on Dec 1, 2003 for $272,000.

How much is this home worth?

The estimated value of the home located at 22306 Fairbay Drive is $597,967.

What are some comparable homes to 22306 Fairbay Drive?

There are currently no comparable homes to 22306 Fairbay Drive.

Cinco Ranch

77450

Cinco Ranch

22306 Fairbay Drive

Sold on Jul 25, 2025

Map

$595,000 Last Listed Price

● House - Off Market

22306 Fairbay Drive

Katy, TX 77450

3 Beds

2 Baths, 1 Half Bath

2,914 Ft²

$3,969

Est. Monthly

$121

HOA / Fees

2.48%

Cap Rate

About This Property

Highly sought-after updated one-story home in Cinco Ranch South Lake community! This beautifully updated (May 2025) property backs up to one of the serene community lakes with a walking trail leading you to the beach club or just enjoy the peaceful view with no back neighbors. Your private oasis with a sparkling swimming pool and hot tub, perfect for entertaining or unwinding. The screened-in porch providing a cozy spot to enjoy the mature landscaping all year-round. Inside, the home features 3 large bedroom and 2.5 baths. The modern updated kitchen with all new appliances will make the chef of the home happy. Enjoy the luxurious updated primary bathroom with walk in shower and jetted tub. Sellers also installed fresh carpet in the bedrooms and neutral paint throughout, a true turn key ready home waiting for you! Don't miss this gem in a prime location call me for a tour!

Unit Size

2,914 Ft²

Days on Market

Land Size

0.26 acres

Price per sqft

$204

Property Type

House

Property Taxes

$926

HOA Dues

$121

Year Built

1992

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (HAR #95059162)

Price History

Date / Event	Date	Event
Jul 25, 2025	Sold	Premium
Sold
Jul 13, 2025	In contract	-
In contract
Jun 25, 2025	Listed by Keller Williams Realty Metropolitan	$595,000
Listed by Keller Williams Realty Metropolitan

Property Highlights

Fireplace

With View

Building Info

Overview

General

Year Built: 1992

Effective Year Built: 1992
Building Count: 1
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 7
Building Quality: 0
Construction Type: 0
Building Style: 15
Exterior Walls Type: 3
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 608
Parking Space Count: 2
Patio Type: 20
Porch Type: 7
Pool Type: 8
Location Influence Type: 85

Dimensions

Lot Size Square Feet: 11,504

Lot Size Depth Feet: 1,319
Lot Size Frontage Feet: 872
Total Building Area: 3,449
Gross Building Area: 3,449
Building Area: 2,841
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 2,841
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: CINCO RANCH SOUTH LAKE VILLAGE SEC 4
Land Acres: 0000000264
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A1
Legal Description 1: CINCO RANCH SOUTH LAKE VILLAGE SEC 4, BLOCK 2, LOT 57

Neighborhood

School District Name: Katy Independent School District

School Tax School District: S13 G01 D01
Census Tract: 673005

Zoning

Zoning: J

Geography

Assessors Map Reference: Z-012

Section: 4
Parcel: 2271-04-002-0570-914
Block: 2
Lot: 57
Municipality: KATY
Latitude: 29.7407
Longitude: -95.7587

Address

Full Address: 22306 Fairbay Dr

Address - House Number: 22306
Address - Street Name: Fairbay
Address - Suffix Type: Dr
State: TX
City Name: Katy
Carrier Code: C027
4-Digit Zip Code: 8618
Zip Code: 77450

Valuation

Tax

Tax Year: 2022

Tax Amount: $957,202
Tax Rate Code Area: W20

Appraisal Valuation

Standard Deviation: 0.1894

Valuation Date: Sep 27, 2023
Confidence Score: 75
Final Value: 593,361
High Value: 705,761
Low Value: 480,961

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $629,878

Market Land Value: $97,020
Market Improvement Value: $532,858

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $497,156
Assessed Improvements Value: $532,858

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Dec 01, 2003

Current Sale Recording Date: Dec 12, 2003
Current Sale Price:

Premium
Current Sale Document Type: 70
Current Sale Input Document Number: FBC2003172658
Previous Sale Recording Date: Sep 29, 1992
Previous Sale Contract Date: Sep 29, 1992
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Cinco Ranch

Stats & Trends

Median Asking:

$490,000

Sale Price/ft²

$180

Below Asking

0.01%

Average Days on Market

Average Home Size

2921 ft²

Average Home Age

23.7 years

Currently For Sale

114 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,200 /mo

4 Beds
2 Baths
1,673 ft²

20903 Union Park Drive, Katy, TX, 77450 Listing by Jesse Estrada

Unit for rent at 23939 River Place Drive, Katy, TX, 77494

$2,400 /mo

3 Beds
2 Baths
2,148 ft²

23939 River Place Drive, Katy, TX, 77494 Listing by Trudy Nguyen Saylor

Unit for rent at 21719 Oakbridge Park Lane, Katy, TX, 77450

$2,200 /mo

3 Beds
2 Baths
1,705 ft²

21719 Oakbridge Park Lane, Katy, TX, 77450 Listing by David Huy Nguyen

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Tara Anderson, Keller Williams Realty Metropolitan
Last Updated: 4 months ago
Data Source: HAR , MLS# 95059162

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