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$470,000

NAL Estimated Property Value

1423 Sherfield Ridge Dr, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,758 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$91.8 / sqft
Year BuiltBuilt in 1982

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, Electric Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,281 sqft

Building Information

Year Built1982
Stories2
Garage Spaces2

Land Information

APN1142490150001
Lot Number1
SubdivisionNottingham Country R/P
Land UseResidential
Legal DescriptionLT 1 BLK 15 NOTTINGHAM COUNTRY SEC 8 R/P
Census Tract454700
Assessed Land Value$135,999
Assessed Improvement Value$329,001
Assessment Year2025

About this property

ZONED TO KATY ISD. On a corner lot, this 3758 sq ft home (per appraisal), with 4 bed/3 full baths has a 1st-floor primary bedroom with 3 closets and recently installed tile flooring! Recent laminate flooring installed in the dining room. This home features an open kitchen/living floor plan. Cooktop installed in 2019, per seller. No carpet at all on the first floor! Oversized secondary bedrooms, an enormous game room (or whatever you want to make it!). It has a dream 3 car garage with extra workspace and a large driveway. Updated kitchen and primary bath. Main AC Unit, Furnace, and electrical box new in 2015. SEE VIRTUAL TOUR

Investor Tools

Property Icon
$470,000
Estimated Property Value
$291,032Estimated Mortgage Balance
$178,968Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$865/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,024
$465,000
2025
$135,999
$329,001
$465,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,024
$465,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barton Creek Lending Group Llc
Conventional
$324,950
No
First
Dec 18, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,032
$179,968
38%
62%
$1,949/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$2,249/mo
+$581/mo
7.2%

City: Katy

1423 Sherfield Ridge Dr | Property Details | No Agent List