$225,000
1834 Powderhorn Ln, Katy, TX, 77493
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesRefrigerator Included, Electric Oven, Microwave, Electric Range
FlooringTile
Exterior
Exterior FeaturesBack Green Space
Lot Size7,148 sqft
Building Information
Year Built1983
Stories1
Garage Spaces1
Land Information
APN1137650000009
Lot Number9
SubdivisionWilliamsburg Hamlet
Land UseResidential
Legal DescriptionLT 9 BLK 2 WILLIAMSBURG HAMLET SEC 1
Census Tract542600
Assessed Land Value$47,888
Assessed Improvement Value$136,985
Assessment Year2025
About this property
Welcome to 1834 Powderhorn Ln, a charming one-story home located in the established Williamsburg Hamlet community in Katy. This property offers a functional layout with plenty of living space, 3 bedrooms with 1 flex room, and a backyard that backs to a greenbelt/park area for added privacy. Conveniently located near shopping, dining, major roadways, and zoned to Katy ISD schools, this home offers easy access to everything the Katy area has to offer.
Investor Tools
$99,372Estimated Mortgage Balance
$123,628Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$388/month
$400/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,536
$184,873
2025
$47,888
$136,985
$184,873
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,536
$184,873
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Norseman Holdings Llc
Purchase Money Mortgage
$103,411
No
First
Jul 18, 2024
Jun 2029
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$99,372
$123,628
55%
45%
$621/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,021/mo
+$669/mo
9.1%
