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$306,700

NAL Estimated Property Value

1934 Avenue B, Katy, TX, 77493

$398,710 ARVInfo
Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths2,756 Sq Ft
price_per_sqft$126.96 / sqft
Year BuiltBuilt in 1982

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Dishwasher, Refrigerator
FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesPrivate Entrance
Lot Size6,865 sqft

Building Information

Year Built1982
Garage Spaces2

Land Information

APN1095100000022
Lot Number22
SubdivisionTheodore Lammert
Land UseResidential
Legal DescriptionLT 22 BLK 2 THEODORE LAMMERT ADDITION
Census Tract542700
Assessed Land Value$74,120
Assessed Improvement Value$232,580
Assessment Year2025

About this property

Newly renovated and ready for tenants, this duplex is comprised of one three bedroom, two bathroom unit and one two bedroom, 1.5 bathroom unit. The two bedroom unit is currently occupied with a TREC lease at under market rents at $1300/month with the lease ending in November 2024 and the three bedroom unit is currently vacant with market rents around $2000/month. The home is centrally located within the Katy ISD school district and walking distance to Katy City Park and Mary Jo Peckham Park. The home is also near the City of Katy Dog Park, the new Market at Katy Park development featuring a brand new HEB and the Katy Library. Improvements include a complete overhaul of the exterior cladding with new paint, new roof on the covered parking garage, and all new interior paint, new cabinetry and counter tops, all new carpet, outdoor sod and more. This turnkey investment property is ready for a new investor.

Investor Tools

Property Icon
$306,700
Estimated Property Value
$229,223Estimated Mortgage Balance
$77,477Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$398,710
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,415
$306,700
2025
$74,120
$232,580
$306,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,415
$306,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$236,250
No
First
Sep 16, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,223
$77,477
25%
75%
$1,417/mo

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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1934 Avenue B | Property Details | No Agent List