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$360,779

NAL Estimated Property Value

1823 Cornerstone Place Dr, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,039 Sq Ft
price_per_sqft$171.65 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven, Refrigerator
FlooringCarpet, Laminate, Tile, Vinyl

Exterior

Exterior FeaturesSprinkler System
Lot Size7,802 sqft

Building Information

Year Built1997
Stories1
Garage Spaces1

Land Information

APN1153490040010
Lot Number10
SubdivisionCornerstone Place
Land UseResidential
Legal DescriptionLT 10 BLK 4 CORNERSTONE PLACE SEC 1
Census Tract455000
Assessed Land Value$86,658
Assessed Improvement Value$274,121
Assessment Year2025

About this property

Amazing 3 Bedroom, 2 bath home in Katy ISD w/study & dining room- NO back neighbors. Cornerstone Place is THE best kept secret south of I10. Kitchen w/ stunning granite countertops & a plethora of cabinets. Kitchen is open to the den- the chef in your family won't feel left out of any conversation. Oversized breakfast bar is the perfect spot for kids to study or enjoy their favorite snack. Laminate flooring in den, office & dining room. Luxury Vinyl in primary bedroom. Tile in all wet areas. This split floor plan is perfect for extra privacy. The study/playroom is just off the entry across from the dining room. The BIG breakfast room overlooks the den & a HUGE covered patio. Primary bath w/ custom cabinets, sink & vanity. This home is a great place to entertain family & friends. Exterior painted & some interior painted 5/26, kitchen cabinets painted 3/26, Low-E windows '22, Water heater '25, paid in full solar panels w/ battery backup '22 LOW utility bills-Reports available. LOW TAXES.

Investor Tools

Property Icon
$360,779
Estimated Property Value
$224,492Estimated Mortgage Balance
$136,287Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,165 /month
Positive
Cash Flow Estimate:
$722 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,387
$360,779
2025
$86,658
$274,121
$360,779
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,387
$360,779

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goodleap Lc
Conventional
$244,000
No
First
Apr 5, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,492
$136,287
37%
62%
$1,463/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$2,313/mo
$-123/mo
7.3%

City: Katy

1823 Cornerstone Place Dr | Property Details | No Agent List