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$271,000

NAL Estimated Property Value

1519 Miller Ave, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,574 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.26 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size4,500 sqft

Building Information

Year Built1984
Garage Spaces2

Land Information

APN1157090020012
Lot Number12
SubdivisionHeritage Meadows
Land UseResidential
Legal DescriptionLT 12 BLK 2 HERITAGE MEADOWS
Census Tract542700
Assessed Land Value$42,300
Assessed Improvement Value$222,757
Assessment Year2025

About this property

Conveniently situated in Old Towne Katy, this 3-bedroom, 2-bath 1-story home is offered for sale by the original owner. Extensive updates make this beauty a rare gem. 2024 updates/upgrades include wood-look (but more durable/pet-friendly) ceramic tile floors throughout, quartz counters in bathrooms, new baseboards, stove, dishwasher, light fixtures, faucets, door handles, bathroom mirrors, 2-inch faux wood blinds throughout, entire interior painted in accessible beige, all cabinets/built-ins refinished including woodwork repairs, etc. The open family room, kitchen, dining rooms feature granite counters, updated appliances, and wood-burning, natural gas-plumbed fireplace with full brick surround and hearth. For the energy-efficiency conscious buyer, recent solar panels offset the electric bill without detracting from the exterior aesthetics. To the many prospective buyers who have called during the home’s transformation, yes, it is now on the market!

Investor Tools

Property Icon
$271,000
Estimated Property Value
$198,270Estimated Mortgage Balance
$72,730Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
$260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$385
$265,057
2025
$42,300
$222,757
$265,057
No

Tax History

Year
Tax Paid
Assessed Value
2024
$385
$265,057

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swift Home Loans Inc
Conventional
$205,000
No
First
Jul 14, 2024
Sep 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,270
$72,730
26%
73%
$1,230/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,490/mo
+$740/mo
9.9%

City: Katy

1519 Miller Ave | Property Details | No Agent List