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$242,000

NAL Estimated Property Value

1243 Park Knoll Ln, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,410 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.31 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh Equity

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 Range, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Lot Size6,617 sqft

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN1144130380022
Lot Number22
SubdivisionMemorial Parkway
Land UseResidential
Legal DescriptionLT 22 BLK 38 MEMORIAL PARKWAY SEC 11
Census Tract454802
Assessed Land Value$74,088
Assessed Improvement Value$125,656
Assessment Year2025

About this property

You will love this one! Fabulous Katy home with many upgrades! Wood like ceramic tiles through most of the house except for two secondary bedrooms with new carpet. Fresh interior paint. Kitchen has upgraded cabinets, granite counter top, SS appliances and beautiful lighting fixtures, ceiling fans in all rooms. Updated bathrooms. Good sized yard with storage shed. Zoned to Katy ISD. Minutes to I-10 for downtown or energy corrid0r. Ready to move in!

Investor Tools

Property Icon
$242,000
Estimated Property Value
$84,322Estimated Mortgage Balance
$157,678Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$306/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,459
$199,744
2025
$74,088
$125,656
$199,744
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,459
$199,744

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$100,000
No
First
Aug 27, 2018
Sep 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,322
$137,678
62%
35%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$600/mo
+$1,590/mo
10.9%

City: Katy

1243 Park Knoll Ln | Property Details | No Agent List