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$398,000

NAL Estimated Property Value

1314 Ragsdale Ln, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,484 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.86 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Water Purifier
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size8,764 sqft

Building Information

Year Built1997
Garage Spaces2

Land Information

APN1185010010016
Lot Number16
SubdivisionCinco Ranch Meadow Place
Land UseResidential
Legal DescriptionLT 16 BLK 1 CINCO RANCH MEADOW PLACE SEC 4
Census Tract455102
Assessed Land Value$76,263
Assessed Improvement Value$321,737
Assessment Year2025

About this property

Fantastic 4 bedroom One Story Ryland Home in Cinco Ranch * Acclaimed KATY ISD*No Back Neighbors* One of the MANY Neighborhood Parks is Only Steps away from Your Front Door* ALL New Flooring Installed in 2020: Stunning Wood-Look Luxury Vinyl Plank in Den, Breakfast Room, Kitchen, Study and Dining Room* Carpet in all Four Bedrooms* Split Floor Plan* Island Kitchen Open to Den Boasts a Gas Cooktop, Breakfast Bar, Double Ovens, Reverse Osmosis at Kitchen Sink, Loads of Counterspace, Drawers and Soft Close Cabinets* Roof '18* Water Softener* Per Seller Home has Never Flooded* As a Homeowner in Cinco Ranch you'll have access to 11 Pools, 2 with Water Parks, Tons of Playgrounds, Miles of Walking Trails and 17 Tennis Courts!*GREAT Location !! Convenient to Grand Parkway, La Centerra, I10 and Westpark Tollway

Investor Tools

Property Icon
$398,000
Estimated Property Value
$380,364Estimated Mortgage Balance
$17,636Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$657/month
$1,115/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,891
$398,000
2025
$76,263
$321,737
$398,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,891
$398,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$390,791
Yes
First
Nov 1, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$380,364
$18,636
4%
96%
$2,343/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,458/mo
$-118/mo
10.1%

City: Katy