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$304,000

NAL Estimated Property Value

1505 Dan Cox Ave, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,662 Sq Ft
price_per_sqft$153.43 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size6,120 sqft

Building Information

Year Built1997
Garage Spaces2

Land Information

APN1157090050014
Lot Number14
SubdivisionHeritage Meadows
Land UseResidential
Legal DescriptionLT 14 BLK 5 HERITAGE MEADOWS
Census Tract542700
Assessed Land Value$43,823
Assessed Improvement Value$258,905
Assessment Year2025

About this property

**NO MORE SHOWINGS. Multiple offers received. Offer deadline for highest & best is Saturday, July 3rd at midnight.** Don't miss this charming home in the heart of Old Katy! This home is a MUST SEE with curb appeal that will make you and all who visit you smile. Fresh paint throughout, SS appliances, granite counters, open floor plan, newer HVAC, newer water heater, GREAT backyard space, and epoxy flooring in the garage. You will love the beautiful engineered wood flooring throughout (except the bathrooms), Primary bath has been completely updated and features a gorgeous claw-foot tub and seamless shower doors. French doors in the primary bedroom lead to the backyard. This home has low taxes, no MUD tax, friendly neighbors, easy Access to I-10 and Grand Parkway, shopping, restaurants, zoned to Katy ISD, and no flooding make this the perfect place to call home. Don't wait... this one will not last long!

Investor Tools

Property Icon
$304,000
Estimated Property Value
$221,062Estimated Mortgage Balance
$82,938Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,824 /month
Positive
Cash Flow Estimate:
$608 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,400
$302,728
2025
$43,823
$258,905
$302,728
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,400
$302,728

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Success Mortgage Partners Inc
Conventional
$243,000
No
First
Aug 5, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,062
$81,666
26%
73%
$1,457/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,707/mo
+$523/mo
8.8%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Katy

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1505 Dan Cox Ave | Property Details | No Agent List