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$443,000

NAL Estimated Property Value

1615 Morning Park Drive, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,580 Sq Ft
price_per_sqft$155.04 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,776 sqft

Building Information

Year Built1995
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2273-05-003-0120-914
Lot Number12
SubdivisionCinco Ranch Greenway Village Sec 5
Land UseResidential
Legal DescriptionCINCO RANCH GREENWAY VILLAGE SEC 5, BLOCK 3, LOT 12
Census Tract673005
Assessed Land Value$82,940
Assessed Improvement Value$355,536
Assessment Year2025

About this property

Greenway Village in Cinco Ranch Location- IN THE HEART OF CINCO RANCH Pride of ownership shows inside and out! Newly installed Stainless Steel Oven, Microwave, and Dishwasher. Granite countertops with Island in Kitchen. Dish SS undermount Sink. ALL Bedrooms upstairs. Exterior with mature landscaping, Full Sprinkler system & HardiPlank Siding. Elementary School just around the corner.

Investor Tools

Property Icon
$443,000
Estimated Property Value
$378,695Estimated Mortgage Balance
$64,305Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,658 /month
Positive
Cash Flow Estimate:
$886 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$774/month
$1,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,076
$438,476
2025
$82,940
$355,536
$438,476
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,076
$438,476

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$408,595
No
First
Jun 10, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$378,695
$64,305
14%
85%
$2,450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,600/mo
$-260/mo
9.0%

City: Katy

1615 Morning Park Drive | Property Details | No Agent List