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$430,000

NAL Estimated Property Value

1623 Cottage Point Dr, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,258 Sq Ft
price_per_sqft$132.86 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Convection Oven, Double Oven, ENERGY STAR Qualified Appliances
FlooringCarpet, Tile, Wood

Exterior

Lot Size9,516 sqft

Building Information

Year Built1995
Garage Spaces2

Land Information

APN2273-07-002-0160-914
Lot Number16
SubdivisionCinco Ranch Greenway Village Sec 7
Land UseResidential
Legal DescriptionCINCO RANCH GREENWAY VILLAGE SEC 7, BLOCK 2, LOT 16
Census Tract673005
Assessed Land Value$93,600
Assessed Improvement Value$335,857
Assessment Year2025

About this property

This Perry Home beauty has been completely updated & meticulously maintained by the original owner. A home like this does not come around often so you will not want to miss seeing it in person! This gorgeous 1-story home is located on a cul-de-sac street in the most sought-after area in Cinco Ranch - Greenway Village. From the mature landscaping to the multiple updates you are certain to fall in love as you enter. You will love these updates: fresh paint outside, roof replaced in 2018, guest bathroom remodeled in 2018, water heater replaced in 2018, Bosch dishwasher installed in 2017, fence replaced in 2017, GE convection microwave installed in 2015, Rheem A/C with new ductwork & RUUD EcoNet thermostat in 2015, master bathroom updated in 2013, double-pane vinyl windows installed in 2012, kitchen updated in 2011 & the wood floors & carpet were installed in 2010. This home even comes with a 1-year warranty from First American! **NO FLOODING**

Investor Tools

Property Icon
$430,000
Estimated Property Value
$411,887Estimated Mortgage Balance
$18,113Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$734/month
$1,095/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,658
$417,269
2025
$93,600
$335,857
$429,457
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,658
$417,269

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintrust Mortgage
Conventional
$418,000
No
First
Jul 16, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$411,887
$24,113
5%
96%
$2,507/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,602/mo
$-262/mo
9.3%

City: Katy

1623 Cottage Point Dr | Property Details | No Agent List