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$580,000

1000 Heiman Luedke Lane, Cat Spring, TX, 78933

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,335 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.12 / sqft

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesGas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl, Wood

Exterior

Lot Size5.04 acres

Land Information

APN2016509800000
SubdivisionA-165 J Dunlavy
Land UseResidential
Legal DescriptionA-165 J DUNLAVY 5.040 AC HOUSE & BLDGS
Census Tract750400
Assessed Land Value$181,440
Assessed Improvement Value$337,510
Assessment Year2025

About this property

Historic farmhouse, located on a tranquil 5.04 acres, with a 20-minute drive to Columbus and a 50-minute drive to Katy. This charmer features 2,335 sq ft, 4 bedrooms, 2 bathrooms, and the original wood floors throughout most of the home. The updated and expansive kitchen boasts granite counters with a large island, opening to the dining area and family room. The majestic, 100-year-old live oak trees are an invaluable feature that provides an enjoyable atmosphere from the front porch swing, back porch, or the covered patio which offers an outdoor kitchen, bathroom, hot tub, and above-ground pool nearby. In addition to ample space and entertainment options, this property is equipped to meet the needs of a hobby farm with cross fencing, outbuildings for storage and animals, and full perimeter fencing with a new automatic gate. Future homeowners will appreciate the upgrades completed in 2023: exterior paint, refinished porch decking, and the septic pumped. New well motor 2/23/24.

Investor Tools

Property Icon
$580,000
Estimated Property Value
$0Estimated Mortgage Balance
$120,595Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,480 /month
Positive
Cash Flow Estimate:
$1,160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$776/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,408
$518,950
2025
$181,440
$337,510
$518,950
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,408
$518,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Triple C Capital
Purchase Money Mortgage
$475,000
No
First
Jul 17, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$459,405
$120,595
20%
79%
$2,848/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Cat Spring

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1000 Heiman Luedke Lane | Property Details | No Agent List