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$284,000

1026 Long Prairie Dr, Katy, TX, 77450

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,178 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.39 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,131 sqft

Building Information

Year Built1989
Stories2
Garage Spaces2

Land Information

APN1130280340018
Lot Number18
SubdivisionCimarron
Land UseResidential
Legal DescriptionLT 18 BLK 34 CIMARRON SEC 9 R/P
Census Tract455103
Assessed Land Value$69,230
Assessed Improvement Value$229,631
Assessment Year2025

About this property

Updated home in the heart of the Cimarron Sub. Semi-open floor plan is perfect for entertaining guests and keeping an eye on the kids. The home still maintains a formal dining with a separate den/home office. All bedrooms upstairs keeping you close to the kids. Great Katy ISD schools. Walk to Cimarron Elementary. Updated kitchen with SS appliances and granite countertops, engineered wood floors and new carpets, huge primary bedroom with gorgeous bath. Great size backyard with mature trees and a great size covered patio, perfect for pets and family bbq. Easy assess to I10, Grand Parkway and min from LaCenterra at Cinco Ranch and Katy Mills. Pictures are of the home post the remodel a few years back. New carpets and fresh paint throughout the home.

Investor Tools

$143,568Estimated Mortgage Balance
$155,432Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Andre Vysotskiy

Keller Williams Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
$588/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,474
$298,861
2025
$69,230
$229,631
$298,861
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,474
$298,861

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$160,300
No
First
Feb 6, 2021
Mar 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,568
$184,432
56%
48%
$962/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$1,550/mo
+$1,280/mo
11.4%

City: Katy