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$325,000

NAL Estimated Property Value

1702 Park Ridge Dr, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,310 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.48 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Trash Compactor, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size8,568 sqft

Building Information

Year Built1993
Garage Spaces2

Land Information

APN1158900010015
Lot Number15
SubdivisionMemorial Parkway
Land UseResidential
Legal DescriptionLT 15 BLK 1 MEMORIAL PARKWAY SEC 15
Census Tract454902
Assessed Land Value$63,602
Assessed Improvement Value$252,528
Assessment Year2025

About this property

Located in the heart of Katy with all Oak Park Trail amenities! This beautiful 4 bedroom 2.5 bath residence offers 2,310 sqft of thoughtfully designed living space. Built in 1993, the home combines modern live-ability with unbeatable convenience. Property includes:open floor plan with renovated kitchen and breakfast bar, large backyard with sport court, spacious double closets and double sinks in master bath, cozy living room with built ins, renovated bathrooms, updated luxury tile, master suite soaking tub as well as stand alone shower, and updated kitchen appliances. Being under a few miles away from I10, Grand Parkway, and Westpark Tollway as well as seconds away from HEB, restaurants, and countless amenities makes this truly an unmatched location with top rated KatyISD schools. Access to spacious Oak Park Trails amenities including splash pad, pool, and tennis courts. Roof, kitchen cabinets, and master bath cabinets replaced 4/26**

Investor Tools

Property Icon
$325,000
Estimated Property Value
$109,489Estimated Mortgage Balance
$215,511Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$616/month
$578/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,770
$316,130
2025
$63,602
$252,528
$316,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,770
$316,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$124,000
No
First
Jun 5, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,489
$215,511
66%
34%
$744/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$1,322/mo
+$1,508/mo
10.4%

City: Katy

1702 Park Ridge Dr | Property Details | No Agent List