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$296,865

NAL Estimated Property Value

1015 Powder River Dr, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,762 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.23 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,041 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1084600000017
Lot Number17
SubdivisionCimarron
Land UseResidential
Legal DescriptionLT 17 BLK 12 CIMARRON SEC 2
Census Tract455104
Assessed Land Value$72,840
Assessed Improvement Value$224,025
Assessment Year2025

About this property

Come see this beautifully remodeled home with 3 bedrooms and 2 1/2 bathrooms in the quiet, mature tree lined subdivison of Cimarron. Not only zoned to Katy ISD, specifically award winning Katy High School but also well within walking distance to some of the neighborhood amenities like tennis courts, a newly done playground and a beautiful pool! All NEW Roof with Warranty, NEW AC unit outside and coil inside, fresh paint exterior and interior, new flooring throughout, the list goes on The Kitchens and bathrooms have been upgraded to a modern spa finish with matching Quartz countertops, all black hardware and beautifully tiled showers with glass door upgrades. The 1/2 bath is conviently located off the kitchen/utility room area for guests and perfect for entertaining in the wide open spaces and big open windows! Schedule your tour to see this lovely home today!

Investor Tools

Property Icon
$296,865
Estimated Property Value
$268,076Estimated Mortgage Balance
$28,789Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,781 /month
Positive
Cash Flow Estimate:
$594 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$582/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,502
$296,865
2025
$72,840
$224,025
$296,865
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,502
$296,865

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Fha
$270,019
Yes
First
Nov 30, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,076
$28,789
9%
90%
$1,684/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$2,104/mo
+$86/mo
8.9%

City: Katy

1015 Powder River Dr | Property Details | No Agent List