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$565,000

5956 Whispering Lakes Dr, Katy, TX, 77493

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths4,017 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.65 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesBack Green Space, Sprinkler System
Lot Size8,999 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN1196600020023
Lot Number23
SubdivisionWhispering Lakes R/P
Land UseResidential
Legal DescriptionLT 23 BLK 2 WHISPERING LAKES R/P
Census Tract542700
Assessed Land Value$81,000
Assessed Improvement Value$392,417
Assessment Year2025

About this property

Brick single-story CUSTOM home on a fenced lot backing to a pond with a fountain! LOW TAXES! Major updates include: tankless water heater, garage door, foundation with transferable warranty & ROOF! 3 bed, 2.5 bath, 4,107 sq ft with covered brick porch & custom touches throughout. A long entry hall leads to formal living and dining rooms with tray ceilings, arches, and columns, plus a vaulted family room with a floor-to-ceiling stone fireplace, built-ins, and a wet bar with beverage fridge. The large granite kitchen offers double ovens, a second island with cooktop, a curved breakfast bar, and a walk-in pantry. Sunroom with French doors to the patio and water views. Primary suite with tray ceiling, see-through fireplace, jetted tub, walk-in shower, and walk-in closet. Two more bedrooms share a full bath. Study with built-ins, flex room, laundry room with sink, and two-car garage. Large patio ready for dining and grilling, with open grass to the water. Come see it in Katy!

Investor Tools

$368,700Estimated Mortgage Balance
$148,300Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,390 /month
Positive
Cash Flow Estimate:
$1,130 /month

Interested in this property?

Evan Mangan

Orchard Brokerage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$932/month
$820/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,603
$473,417
2025
$81,000
$392,417
$473,417
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,603
$473,417

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Conventional
$400,000
No
First
Aug 3, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,700
$148,300
28%
71%
$2,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,219/mo
$-989/mo
5.2%

City: Katy

5956 Whispering Lakes Dr | Property Details | No Agent List