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$800,000

1602 Hannington Dr, Katy, TX, 77450

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths4,606 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.69 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Oven, Microwave, Induction Cooktop, Dishwasher
FlooringCarpet, Engineered Wood, Marble, Tile

Exterior

Exterior FeaturesSprinkler System
Lot Size19,227 sqft

Building Information

Year Built1991
Garage Spaces8

Land Information

APN1142490170033
Lot Number32,33
SubdivisionNottingham Country R/P
Land UseResidential
Legal DescriptionLTS 32 33 & TR 34 BLK 17 NOTTINGHAM COUNTRY SEC 8 R/P
Census Tract454700
Assessed Land Value$155,702
Assessed Improvement Value$561,206
Assessment Year2025

About this property

Set on a rare .44-acre double lot in Nottingham Country, 1602 Hannington offers a sprawling one-story layout and a collection of spaces you simply don’t find every day. Meticulously maintained, the main home features 4/5 bedrooms, generous living areas, hardwood floors and an updated primary suite with two walk-in closets. A private-entry office is adjoined to another bedroom/flex room with a full bath access, adding even more versatility. A separate casita offers its own bedroom, full bath and living area next to the oversized game room (with optional outside entry) with a full bar and half bath. The climate-controlled workshop/storage space completes this unique wing of the property. Multiple garages include tandem/drive-through access. Outside, the double lot is framed by mature oaks with multiple patios and plenty of room to enjoy the property. Low-E/argon windows, a 2019 roof, updated HVACs and water softener add to the list (see attached). Zoned to Katy ISD and Taylor High School

Investor Tools

$31,383Estimated Mortgage Balance
$685,525Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

Interested in this property?

Jamie McMartin

Compass RE Texas, LLC - West Houston

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,459
$716,908
2025
$155,702
$561,206
$716,908
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,459
$716,908

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community Bank
N/A
$450,000
N/A
First
Jan 30, 1998
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$31,383
$685,525
95%
4%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$750/mo
+$2,080/mo
4.7%

City: Katy

1602 Hannington Dr | Property Details | No Agent List