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$349,000

NAL Estimated Property Value

1552 East Ave, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,620 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.23 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1,681 sqft

Building Information

Year Built1978
Stories2
Garage Spaces2

Land Information

APN1143590000010
SubdivisionMayfair Village T/H Corr
Land UseResidential
Legal DescriptionTH 10 MAYFAIR VILLAGE T/H CORR
Census Tract542700
Assessed Land Value$6,100
Assessed Improvement Value$118,507
Assessment Year2025

About this property

Welcome home to this spacious 2-story townhome, in the Heart of Old Katy, TX! This 3-bed, 2.5-bath corner town home on a quiet, tree-lined street epitomizes comfort and convenience. Downstairs you'll find a spacious living room and a bonus room that can be used as study or additional living area! Upstairs, there's a large primary suite with bathroom, plus 2 additional bedrooms and a full-size bathroom! Spacious WALK-IN CLOSETS in every bedroom! This beauty features granite counters in the kitchen and all baths, beautifully updated tile showers, a large kitchen, easy maintenance tile floors downstairs, & NEW CARPET in all bedrooms up! Cozy up by the fireplace or escape to the private fenced back patio. The OVERSIZED detached 2-car garage offers parking ease. Lawn care included! Large green grassy area adjacent to property for common use or play! Zoned to top-rated Katy ISD schools including Katy High School! Convenient to shopping, restaurants, and commuter routes. Your home awaits!

Investor Tools

Property Icon
$349,000
Estimated Property Value
$31,083Estimated Mortgage Balance
$317,917Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,862
$124,607
2025
$6,100
$118,507
$124,607
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,862
$124,607

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homecomings Financial Network Inc
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$69,750
No
First
Sep 19, 2005
Oct 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$31,083
$314,917
91%
9%
$419/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$419/mo
+$1,811/mo
7.7%

City: Katy

1552 East Ave | Property Details | No Agent List