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$3,350

20206 Lake Sherwood Dr, Katy, TX, 77450

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,245 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.49 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Cooktop
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size7,593 sqft

Building Information

Year Built1978
Stories2
Garage Spaces2

Land Information

APN1093750000061
Lot Number61
SubdivisionNottingham Country
Land UseResidential
Legal DescriptionLT 61 BLK 7 NOTTINGHAM COUNTRY SEC 4
Census Tract454700
Assessed Land Value$98,196
Assessed Improvement Value$286,128
Assessment Year2025

About this property

Executed contract. Waiting on Funds before changing status. RENT INCLUDES LAWN MAINTENANCE, POOL MAITENANCE AND QUARTERLY PEST. Welcome to this beautifully updated home offering the perfect blend of modern style & everyday comfort. Featuring a refreshed interior, luxury vinyl wood flooring, & brand-new appliances, this home offers a light, contemporary feel throughout. Step outside to your private backyard retreat complete with a sparkling pool & two spacious outdoor areas—ideal for entertaining or relaxing. The well-designed floor plan includes four generously sized bedrooms & three and a half bathrooms, providing both functionality and privacy for all. Zoned to highly rated schools with quick access to I-10 and the Energy Corridor for an easy commute, this home is ideally located. Rent includes lawn maintenance, pool service, and quarterly pest control for a truly low-maintenance lifestyle.

Investor Tools

Property Icon
$405,000
Estimated Property Value
$365,750Estimated Mortgage Balance
$59,964Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,430 /month
Positive
Cash Flow Estimate:
$810 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$750/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,969
$384,324
2025
$98,196
$286,128
$384,324
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,969
$384,324

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$365,750
No
First
Jun 14, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,036
$59,964
14%
85%
$2,193/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$2,193/mo
+$637/mo
8.4%

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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20206 Lake Sherwood Dr | Property Details | No Agent List