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$181,998

NAL Estimated Property Value

1226 Circle Lake Dr, Katy, TX, 77494

$236,597 ARVInfo
Off MarketInfo
Baths0 Bath
Baths2,632 Sq Ft

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.03 acres

Land Information

APN0412-01-020-0000-914
SubdivisionC W Schrimpf
Land UsePublic Works
Legal Description0412 C W SCHRIMPF, ACRES 2.0263, PARCEL 20 (S PT) & PARCEL 25, U/R ROSS S/D R/P
Census Tract673201
Assessed Land Value$175,028
Assessed Improvement Value$6,970
Assessment Year2025

About this property

LOCATION, LOCATION, LOCATION!! Opportunity for some Unrestricted Land in Katy. Approx. 1.826 acres. Currently 2 structures and should be considered tear down. Great Opportunity to build a place for your business, or build a custom home with a place for your business. Close to I10 and FM 1463 allowing for easy access. No Survey available, All measurements should be verified along with any permitting requirements.

Investor Tools

Property Icon
$181,998
Estimated Property Value
$239,052Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$236,597
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$181,998
2025
$175,028
$6,970
$181,998
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$181,998

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everence Association Inc
Commercial
$250,000
No
First
Dec 1, 2023
Dec 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,052
N/A
0%
131%
$1,499/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: Katy

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1226 Circle Lake Dr | Property Details | No Agent List