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$289,000

NAL Estimated Property Value

1518 Chilton Ln, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,509 Sq Ft
price_per_sqft$205.43 / sqft
Year BuiltBuilt in 1974

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, Gas Oven, Gas Range, Dishwasher
FlooringCarpet, Marble

Exterior

Lot Size8,368 sqft

Building Information

Year Built1974
Stories1
Garage Spaces2

Land Information

APN1067360000011
Lot Number11
SubdivisionKatyland
Land UseResidential
Legal DescriptionLT 11 BLK D KATYLAND SEC 2
Census Tract542700
Assessed Land Value$64,922
Assessed Improvement Value$175,191
Assessment Year2025

About this property

Welcome to 1518 Chilton Lane, a beautifully fully remodeled home in the heart of Katy. This inviting property offers modern updates throughout, giving it a fresh, move-in-ready feel. Inside, you’ll find a bright and open layout, anchored by a newly installed stove and a dishwasher still under factory warranty. Major upgrades provide peace of mind, including a brand-new roof and a new water heater, ensuring years of worry-free living. Thoughtful finishes, stylish updates, and a functional design make this home an ideal choice for those seeking comfort and reliability. Beyond the home, enjoy being just minutes from Katy Mills Mall, Typhoon Texas Waterpark, and Mary Jo Peckham Park, with convenient access to I-10 and Grand Parkway for an easy commute. 1518 Chilton Lane is ready to welcome its next owner with modern convenience, nearby amenities, and lasting value.

Investor Tools

Property Icon
$289,000
Estimated Property Value
$274,705Estimated Mortgage Balance
$14,295Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$170/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$590
$240,113
2025
$64,922
$175,191
$240,113
No

Tax History

Year
Tax Paid
Assessed Value
2024
$590
$240,113

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Unknown
$275,500
No
First
Mar 11, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,705
$14,295
4%
95%
$1,652/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,772/mo
+$458/mo
9.3%

City: Katy

1518 Chilton Ln | Property Details | No Agent List