$269,900
2807 Orchid Tree Ln, Katy, TX, 77449
On Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Microwave, Dishwasher
Exterior
Lot Size7,854 sqft
Building Information
Year Built2002
Garage Spaces2
Land Information
APN1164790080004
Lot Number4
SubdivisionRaintree Village
Land UseResidential
Legal DescriptionLT 4 BLK 3 RAINTREE VILLAGE SEC 2 PAR R/P
Census Tract542302
Assessed Land Value$58,846
Assessed Improvement Value$246,318
Assessment Year2025
About this property
A beautifully updated home, in a very quiet subdivision, with open plan kitchen, new roof, new paint job, updated bathrooms, new carpet upstairs, beautiful high end finishes, you must see.
Investor Tools
$287,263Estimated Mortgage Balance
$17,901Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,831 /month
Positive
Cash Flow Estimate:
$610 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$604/month
$600/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,719
$305,164
2025
$58,846
$246,318
$305,164
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,719
$305,164
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midwest Mortgage Associates Corp
Fha
$292,602
Yes
First
Sep 27, 2024
Oct 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,263
$17,901
5%
94%
$1,791/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,391/mo
$-241/mo
8.5%
