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$464,000

NAL Estimated Property Value

1954 Terra Rose Dr, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,069 Sq Ft
price_per_sqft$160.64 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,440 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN1463100020002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 2 SUNTERRA SEC 19
Census Tract542902
Assessed Land Value$69,215
Assessed Improvement Value$363,638
Assessment Year2025

About this property

MLS# 18657936 - Built by HistoryMaker Homes - Ready Now! ~ Welcome to this stunning two-story home boasting high ceilings and no back neighbors. As you step inside, you're greeted by a charming study situated at the front of the house. The spacious family room welcomes you with its soaring ceilings, creating an airy and inviting atmosphere. The heart of the home lies in the expansive kitchen featuring a huge island and plenty of cabinet space. Adjacent to the kitchen is a cozy dining nook, offering a delightful space for family meals and gatherings. Step outside to discover the giant covered patio, providing a wonderful outdoor oasis for relaxation. Upstairs, you'll find a versatile game area, perfect for recreation and leisure activities! Upstairs boasts three generously sized bedrooms, two of the bedrooms are connected by a convenient Jack and Jill bathroom with separate vanities and closets!!

Investor Tools

Property Icon
$464,000
Estimated Property Value
$441,230Estimated Mortgage Balance
$22,770Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,958 /month
Positive
Cash Flow Estimate:
$986 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$264/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$843
$432,853
2025
$69,215
$363,638
$432,853
No

Tax History

Year
Tax Paid
Assessed Value
2024
$843
$432,853

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pikeview Mortgage Llc
Conventional
$456,940
No
First
Jun 18, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$441,230
$17,770
3%
95%
$2,740/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$3,640/mo
$-760/mo
7.4%

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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1954 Terra Rose Dr | Property Details | No Agent List