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$272,000

NAL Estimated Property Value

1239 Strawberry Park Ln, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,642 Sq Ft
price_per_sqft$127.28 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Free-Standing Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Vinyl

Exterior

Lot Size6,299 sqft

Building Information

Year Built1980
Garage Spaces2

Land Information

APN1144130530004
Lot Number4
SubdivisionMemorial Parkway
Land UseResidential
Legal DescriptionLT 4 BLK 53 MEMORIAL PARKWAY SEC 11
Census Tract454802
Assessed Land Value$73,080
Assessed Improvement Value$181,311
Assessment Year2025

About this property

Come Home To Peaceful Surroundings! Well-maintained and super clean, this charming home has a split floorpan and offers 3 bedrooms, 2 baths, breakfast/kitchen combo, spacious family room in the heart of the home and a formal dining room. You'll be amazed at the high ceilings! Kitchen is open to the family room and has awesome views of the lush backyard with mature trees & shrubs. The backyard with covered patio is like a sanctuary to relax and listen to the birds. Katy ISD Elementary & Jr. High both within a bike ride or even walking distance! Very low taxes! Near tons of great shopping yet located on a quiet, friendly street where everybody knows their neighbor! Community has two pools and parks. Never flooded!

Investor Tools

Property Icon
$272,000
Estimated Property Value
$194,824Estimated Mortgage Balance
$77,176Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$508/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,741
$254,391
2025
$73,080
$181,311
$254,391
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,741
$254,391

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$213,750
No
First
Sep 10, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,824
$64,176
24%
72%
$1,282/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$1,657/mo
+$533/mo
9.7%

City: Katy

1239 Strawberry Park Ln | Property Details | No Agent List