$338,000
NAL Estimated Property Value1533 Heights Dr, Katy, TX, 77493
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
Exterior
Lot Size6,961 sqft
Building Information
Year Built1978
Stories2
Garage Spaces2
Land Information
APN0871100000018
Lot Number18
SubdivisionKaty Heights 2nd R/P
Land UseResidential
Legal DescriptionLT 18 BLK 5 KATY HEIGHTS 2ND R/P
Census Tract542700
Assessed Land Value$70,992
Assessed Improvement Value$219,345
Assessment Year2025
About this property
Super 2 Story home on a nice corner lot. Home offers living with high ceilings, wet bar, Dining room, Breakfast, Kitchen and main bedroom down with 1.5 baths down. Upstairs was a 2 bedroom with gameroom but the former owner opened the wall to one of the bedrooms to make the gameroom larger but can be put back. Nice space between the laundry and garage that is enclosed.
Investor Tools
$338,000
Estimated Property Value
$201,358Estimated Mortgage Balance
$136,642Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,122
$290,337
2025
$70,992
$219,345
$290,337
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,122
$290,337
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Conventional
$218,050
No
First
Apr 20, 2022
May 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,358
$115,642
36%
60%
$1,308/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,308/mo
+$382/mo
6.0%
