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$426,000

NAL Estimated Property Value

1222 Posey Ridge Lane, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,657 Sq Ft
price_per_sqft$122.32 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Lot Size8,805 sqft

Building Information

Year Built2015
Roof Type105
Garage Spaces2

Land Information

APN1136-03-001-0260-914
Lot Number26
SubdivisionAnserra Sec 3
Land UseResidential
Legal DescriptionANSERRA SEC 3, BLOCK 1, LOT 26
Census Tract673201
Assessed Land Value$75,736
Assessed Improvement Value$329,254
Assessment Year2025

About this property

A unique opportunity to own this 5 yr old KB Homes with tons of upgrades. It is located in the Estate section and this floorplan is no longer being built. Upgraded lot is on the greenbelt. Patio overlooks the greenbelt and has a built in grill for entertaining. Master suite has its own private patio area. Open floor plan with 4 bedrooms and 3 baths. Family room and kitchen with 42 in cabinets are open and bright with high ceilings and beautiful picture windows. Master suite is oversized with plenty of room for a king bed and sitting area. Closets all have extra storage built into them. The kitchen has large pantry and built-in open storage. This is a home you do not want to miss veiwing. Come visit your new home today.

Investor Tools

Property Icon
$426,000
Estimated Property Value
$224,531Estimated Mortgage Balance
$201,469Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,556 /month
Positive
Cash Flow Estimate:
$852 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,038
$404,990
2025
$75,736
$329,254
$404,990
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,038
$404,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Western Mortgage Corp
Conventional
$251,200
No
First
Nov 25, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,531
$201,469
47%
53%
$1,507/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,507/mo
+$833/mo
9.4%

City: Katy

1222 Posey Ridge Lane | Property Details | No Agent List