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$220,000

3356 Rachel Ln, Katy, TX, 77493

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,261 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.46 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size5,001 sqft

Building Information

Year Built1995
Garage Spaces1

Land Information

APN1161420000023
Lot Number23
SubdivisionHeritage Park West
Land UseResidential
Legal DescriptionLT 23 HERITAGE PARK WEST SEC 1
Census Tract542800
Assessed Land Value$43,750
Assessed Improvement Value$158,239
Assessment Year2025

About this property

Welcome home! This 3 bedroom, 2 bathroom home is located in an established neighborhood in Katy, on a cul-de-sac. High ceilings and bright windows welcome you into this home. The open concept allows for easy flow of life. This home has all the bedrooms on the back half of the home, all conveniently located in close proximity of the primary bedroom. The backyard is a great size for spending time and having a covered patio really helps beat that Texas heat when grilling or enjoying the morning breezes. This home has a lot to offer and is conveniently located near grocery stores and restaurants. Just a few minutes from old Katy this home is zoned to Katy High School, Home of Champions.

Investor Tools

$91,835Estimated Mortgage Balance
$128,165Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

Interested in this property?

Brian D'Andrea

Ambrosi Realty, Inc

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$421/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,956
$201,989
2025
$43,750
$158,239
$201,989
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,956
$201,989

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nre Investment Group Llc
Purchase Money Mortgage
$100,000
No
First
May 20, 2022
Jan 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$91,835
$128,165
58%
42%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,000/mo
+$1,230/mo
12.2%

City: Katy

3356 Rachel Ln | Property Details | No Agent List