$215,000
1615 Brickarbor Dr, Katy, TX, 77449
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Refrigerator, Dishwasher
FlooringLaminate
Exterior
Lot Size7,322 sqft
Building Information
Year Built1983
Stories1
Garage Spaces2
Land Information
APN1149300060004
Lot Number4
SubdivisionParkway West
Land UseResidential
Legal DescriptionLT 4 BLK 6 PARKWAY WEST SEC 1 R/P
Census Tract542402
Assessed Land Value$43,165
Assessed Improvement Value$207,715
Assessment Year2025
About this property
Are you in the market for a starter home? This property has great potential to be a cozy residence for first-time buyers or a profitable investment. Situated near a variety of shops and dining options, with a convenient 30-minute commute to downtown Houston.
Investor Tools
$116,039Estimated Mortgage Balance
$136,273Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,505 /month
Positive
Cash Flow Estimate:
$502 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$545/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,288
$250,880
2025
$43,165
$207,715
$250,880
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,288
$250,880
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$140,600
No
First
Nov 21, 2017
Dec 2047
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,039
$134,841
53%
46%
$843/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$843/mo
+$1,307/mo
10.3%
