$452,430
NAL Estimated Property Value1422 Ragsdale Ln, Katy, TX, 77494
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Laminate, Tile
Exterior
Lot Size11,461 sqft
Building Information
Year Built1998
Garage Spaces2
Land Information
APN1185010050018
Lot Number18
SubdivisionCinco Ranch Meadow Place
Land UseResidential
Legal DescriptionLT 18 BLK 5 CINCO RANCH MEADOW PLACE SEC 4
Census Tract455102
Assessed Land Value$78,960
Assessed Improvement Value$373,470
Assessment Year2025
About this property
NO prior flooding, 3/4 BR 2.5 BTH in Cinco Ranch Meadow Place. Large one story on a large lot with an oversized, detached garage. 26 x 18 covered back patio that was just stained/sealed. Island kitchen with granite counters, interior wall paint (gray), interior door hardware, etc. March of 2020. Roof is six years old. Just a great floorplan. Stainless fridge and front load washer/dryer to stay. Older of two AC units will be replaced with new system prior to closing.
Investor Tools
$452,430
Estimated Property Value
$194,033Estimated Mortgage Balance
$258,397Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,715 /month
Positive
Cash Flow Estimate:
$905 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$611/month
$1,095/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,073
$452,430
2025
$78,960
$373,470
$452,430
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,073
$452,430
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$218,400
No
First
Aug 8, 2020
Sep 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,033
$258,397
57%
43%
$1,310/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,405/mo
+$175/mo
6.8%
