$319,000
NAL Estimated Property Value1038 Western Springs Dr, Katy, TX, 77450
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDishwasher
Exterior
Lot Size7,501 sqft
Building Information
Year Built1979
Stories1
Garage Spaces2
Land Information
APN1120490000001
Lot Number1
SubdivisionCimarron
Land UseResidential
Legal DescriptionLT 1 BLK 30 CIMARRON SEC 8 R/P
Census Tract455102
Assessed Land Value$69,602
Assessed Improvement Value$241,345
Assessment Year2025
About this property
Feast your Eyes on this Gorgeous Home with spacious interior and Exterior. A Well Manicured lawn and landscaping, Huge Pool, Gas log fireplace, Luxury Vinyl Plank Flooring Throughout. Total HVAC replacement, Attic insulation, Radiant Barrier replaced in 2013. Restrooms Remodeled within the past 3 years. Home has been recently been re-piped using PEX. Formal Dining and Living Rooms. Beautiful Kitchen with direct access to exterior patio and pool. See Attached List of Improvements. Set your appointments today for a private tour!
Investor Tools
$319,000
Estimated Property Value
$240,624Estimated Mortgage Balance
$78,376Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
$465/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,284
$310,947
2025
$69,602
$241,345
$310,947
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,284
$310,947
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Americas Choice Home Loans Lp
Conventional
$264,000
No
First
Sep 9, 2021
Oct 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$240,624
$70,323
22%
75%
$1,583/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$2,048/mo
+$782/mo
10.6%
