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$249,000

3261 Zareen Ln, Katy, TX, 77493

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,778 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.04 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Freestanding Oven, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher
FlooringTile, Vinyl Plank

Exterior

Exterior FeaturesBack Green Space
Lot Size8,616 sqft

Building Information

Year Built2000
Garage Spaces2

Land Information

APN1196260020006
Lot Number6
SubdivisionHeritage Park West
Land UseResidential
Legal DescriptionLT 6 BLK 2 HERITAGE PARK WEST SEC 4
Census Tract542800
Assessed Land Value$63,451
Assessed Improvement Value$198,851
Assessment Year2025

About this property

Open House this SUN, Sept 20th, 1-3pm!! Cute starter home in the heart of Katy! This classic red-brick, 2-story home offers 3 bedrooms, 2.5 baths and 1,776 sq ft on a spacious 8,615 sq ft lot. Fresh interior paint, abundant natural light and a bright, welcoming floor plan make this home move-in ready. Every bedroom features a walk-in closet, offering fantastic storage throughout. The HVAC was replaced in 2023, and all appliances stay! Enjoy a large backyard, extra-long driveway and low HOA dues. Fantastic Katy location with convenient access to Grand Parkway/99 and I-10, plus Katy Mills, parks and playgrounds. Walk to H-E-B and enjoy a front-row seat to the exciting growth of The Green at Katy Park, a new 46-acre mixed-use retail development taking shape directly behind the property, planned to bring green space, dining, coffee shops and more to the area. A great opportunity to own an affordable home in an established Katy neighborhood with so much happening around it!

Investor Tools

$136,839Estimated Mortgage Balance
$169,161Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month

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Keller Williams Signature

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$575/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,366
$262,302
2025
$63,451
$198,851
$262,302
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,366
$262,302

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Fha
$171,830
Yes
First
Jan 26, 2017
Feb 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,839
$169,161
55%
45%
$1,031/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,451/mo
+$779/mo
8.7%

City: Katy

3261 Zareen Ln | Property Details | No Agent List