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$260,000

3415 Lantern Bay Ln, Katy, TX, 77449

$268,500 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$96.3 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesSide Yard
Lot Size7,532 sqft

Building Information

Year Built2001
Garage Spaces2

Land Information

APN1210140010028
Lot Number28
SubdivisionLakes Of Bridgewater Amend
Land UseResidential
Legal DescriptionLT 28 BLK 1 LAKES OF BRIDGEWATER SEC 5 AMD
Census Tract542302
Assessed Land Value$50,186
Assessed Improvement Value$273,755
Assessment Year2025

About this property

Opportunity awaits in Lakes of Bridgewater! This spacious 4-bedroom, 2.5-bath home offers approximately 2,700 sq. ft. of living space and plenty of potential to make it your own. Situated on a cul-de-sac lot, the home features a flexible floor plan with a secondary bedroom downstairs, formal dining area, family room, breakfast area, and an upstairs game room. The primary suite includes a walk-in closet, jetted tub, and separate shower. Outside, enjoy a fenced backyard with room to relax, play, or entertain. The home does need some TLC and updating, making it an excellent opportunity for buyers looking to add their own style and build value. Located in the established Lakes of Bridgewater community with access to a neighborhood pool and convenient access to Katy-area shopping, dining, and major roadways.

Investor Tools

$82,792Estimated Mortgage Balance
$249,208Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$268,499
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,992 /month
Positive
Cash Flow Estimate:
$664 /month

Interested in this property?

Patrick Stuckwish

Keller Williams Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,063
$323,941
2025
$50,186
$273,755
$323,941
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,063
$323,941

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Liberty Bank & Trust Company
Fha
$121,831
Yes
First
May 20, 2011
Jun 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,792
$249,208
75%
25%
$766/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$1,216/mo
+$1,564/mo
10.0%

City: Katy

3415 Lantern Bay Ln | Property Details | No Agent List