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$403,000

NAL Estimated Property Value

1535 Avenue A, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,664 Sq Ft
price_per_sqft$345.55 / sqft
Year BuiltBuilt in 1979

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
AppliancesElectric Oven, Gas Cooktop, Dishwasher, Refrigerator
FlooringTile

Exterior

Lot Size16,008 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN0220330000021
Lot Number18
SubdivisionKaty Ol
Land UseResidential
Legal DescriptionPT LT 18 TR 18A KATY OL
Census Tract542700
Assessed Land Value$192,084
Assessed Improvement Value$186,730
Assessment Year2025

About this property

Wow! UPDATED throughout ZONED COMMERCIAL C1 in Downtown Katy! No special use permit required if want to use as residential as well! So many possibilities for your home OR a business, OVER 1/4 acre lot with oversize bonus garage building. Wood look tile floors throughout, fresh paint , redone kitchen with modern counter tops and white shaker style cabinets. Bathroom 2 with some accessibility features already, nice sized rooms and amazing space out back to meet your needs including large covered patio area. Close to shopping/dining destinations and business district.

Investor Tools

Property Icon
$403,000
Estimated Property Value
$507,077Estimated Mortgage Balance
$403,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$228/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$716
$378,814
2025
$192,084
$186,730
$378,814
No

Tax History

Year
Tax Paid
Assessed Value
2024
$716
$378,814

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$517,750
No
First
Mar 5, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$507,077
N/A
0%
126%
$3,105/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,105/mo
$-875/mo
6.6%

City: Katy

1535 Avenue A | Property Details | No Agent List