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$149,999

19314 Indian Grass Dr, Katy, TX, 77449

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,447 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.66 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Gas Cooktop
FlooringTile

Exterior

Lot Size6,299 sqft

Building Information

Year Built1984
Garage Spaces1

Land Information

APN1156300010023
Lot Number23
SubdivisionSilvermill
Land UseResidential
Legal DescriptionLT 23 BLK 1 SILVERMILL SEC 2
Census Tract542001
Assessed Land Value$56,700
Assessed Improvement Value$172,109
Assessment Year2025

About this property

Some buyers will walk through this home and see work. The right buyer will see a beginning. Whether you're a first-time homebuyer dreaming of creating a home that's truly yours or an investor searching for a Katy, TX fixer-upper, this 3-bedroom, 2-bath home in Katy ISD offers the chance to build equity instead of paying for someone else's renovations. Yes, it needs a complete makeover inside and out, but that means you choose the flooring, countertops, cabinets, lighting, fixtures, paint, and finishes that fit your style and budget. From a starter home to a flip house, buy-and-hold rental, or investment property, this is your opportunity to turn potential into something uniquely your own.

Investor Tools

Property Icon
$228,809
Estimated Property Value
$86,830Estimated Mortgage Balance
$163,618Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,373 /month
Positive
Cash Flow Estimate:
$458 /month

Interested in this property?

Armando Espinosa

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,439
$228,809
2025
$56,700
$172,109
$228,809
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,439
$228,809

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Fha
$86,830
Yes
First
Jun 30, 2010
Jul 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,191
$163,618
71%
28%
$603/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,023/mo
+$1,127/mo
11.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Katy

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