$315,000
611 E Newport Bnd, Katy, TX, 77494
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Exterior
Lot Size5,118 sqft
Building Information
Year Built2008
Garage Spaces1
Land Information
APN1304560010052
Lot Number52
SubdivisionHarbor Shores
Land UseResidential
Legal DescriptionLT 52 BLK 1 HARBOR SHORES SEC 1
Census Tract455300
Assessed Land Value$67,659
Assessed Improvement Value$232,708
Assessment Year2025
About this property
Located on a corner lot near the gated entrance of Harbor Shores, this well-maintained 3-bedroom, 2-full-bath home offers 1,754 square feet of living space. Lovingly maintained by the original owner, this home offers comfortable living spaces and a covered patio. Enjoy added privacy with no neighbor on one side, along with the extra space and appeal of a corner lot. Conveniently located with easy access to I-10 and the Grand Parkway and zoned to highly sought-after Katy ISD. Move-in ready and ready to welcome its next owner.
Investor Tools
$0Estimated Mortgage Balance
$304,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$192/month
$875/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$790
$300,367
2025
$67,659
$232,708
$300,367
No
Tax History
Year
Tax Paid
Assessed Value
2024
$790
$300,367
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$304,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$875/mo
+$1,705/mo
10.2%
