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$305,000

20519 Apache Lake Dr, Katy, TX, 77449

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths2 Bath
Baths2,502 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.9 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Gas Range, Dishwasher
FlooringCarpet, Laminate

Exterior

Lot Size6,164 sqft

Building Information

Year Built1993
Garage Spaces2

Land Information

APN1177590010023
Lot Number23
SubdivisionSundown Glen
Land UseResidential
Legal DescriptionLT 23 BLK 1 SUNDOWN GLEN SEC 4
Census Tract542303
Assessed Land Value$46,929
Assessed Improvement Value$228,071
Assessment Year2025

About this property

Welcome to this lovely refreshed 2-story 5 bedroom, 2 bathroom and half home on a lot with a HUGE backyard in the established subdivision of Sundown Glen. Family room has a wood burning fireplace, an open floorplan which contributes to the light and bright feeling. Breakfast room opens up onto a private wood deck. The kitchen is spacious with plenty of storage, laminate counters and a gas range. Primary has an updated ensuite bathroom with dual sinks, granite counter and glass enclosed shower along with a walk-in closet and has a walk-out to the backyard. Guest rooms are spacious and have great views to the backyard. Home has been updated and Zoned to desirable Katy schools. Easy access to I-10 or Grand Parkway.

Investor Tools

$146,222Estimated Mortgage Balance
$138,778Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

Interested in this property?

Adewole Omogunsoye

Wolex Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
$539/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$701
$275,000
2025
$46,929
$228,071
$275,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$701
$275,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$155,000
No
First
Sep 25, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,222
$138,778
48%
51%
$930/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$1,469/mo
+$1,311/mo
11.7%

City: Katy