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$216,000

NAL Estimated Property Value

19315 & 19311 Lazy Valley Drive, Katy, TX, 77449

Off MarketInfo
CommercialInfo
Beds4 Beds
Baths2 Bath
Baths3,035 Sq Ft
Multi FamilyMulti Family
price_per_sqft$154.86 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
FlooringTile, Vinyl, Wood

Exterior

Lot Size5,406 sqft

Building Information

Year Built1980
Stories1

Land Information

APN1146680030070
Lot Number70
SubdivisionSilvermill
Land UseResidential
Legal DescriptionLT 70 BLK 3 SILVERMILL SEC 1 R/P
Census Tract542001
Assessed Land Value$42,935
Assessed Improvement Value$149,729
Assessment Year2025

About this property

Turnkey investment opportunity! This fully rented, recently renovated duplex features two spacious units—one with 4 bedrooms and 2 bathrooms, and the other with 3 bedrooms and 2 bathrooms. Located in a high-demand area with easy access to major highways, shopping centers, and everyday conveniences. Zoned to the highly acclaimed Katy ISD, this property offers both stability and long-term value. Ideal for investors looking to generate immediate income with minimal hassle. Don't miss your chance to own a cash-flowing asset in a thriving area!

Investor Tools

Property Icon
$216,000
Estimated Property Value
$148,933Estimated Mortgage Balance
$67,067Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
$430/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,826
$192,664
2025
$42,935
$149,729
$192,664
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,826
$192,664

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$156,800
No
First
Sep 1, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,933
$67,067
31%
69%
$941/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$1,371/mo
+$1,409/mo
15.4%

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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19315 & 19311 Lazy Valley Drive | Property Details | No Agent List