$361,000
NAL Estimated Property Value20303 Lake Sherwood Dr, Katy, TX, 77450
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringSlate, Wood
Exterior
Lot Size7,427 sqft
Building Information
Year Built1978
Garage Spaces2
Land Information
APN1093750000054
Lot Number54
SubdivisionNottingham Country
Land UseResidential
Legal DescriptionLT 54 BLK 7 NOTTINGHAM COUNTRY SEC 4
Census Tract454700
Assessed Land Value$97,964
Assessed Improvement Value$202,183
Assessment Year2025
About this property
Charming, fully updated one story house on quiet cul-de-sac street, beautiful brand new kitchen, solid wood cabinets with soft closure drawers, granite countertop, brand new matching stainless steel appliances; slate and laminated wood floors. A/C (July 2017), water heater (July 2017), Kitchen appliances, stoves, dishwasher (2017), wood floor (2017), electrical breaker system (2017), roof (2002 per inspection), siding are not new but functional, best value in this excellent neighborhood.
Investor Tools
$361,000
Estimated Property Value
$200,709Estimated Mortgage Balance
$160,291Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,166 /month
Positive
Cash Flow Estimate:
$722 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
$300/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,408
$300,147
2025
$97,964
$202,183
$300,147
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,408
$300,147
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
C & T Mortgage Inc
Va
$225,000
Yes
First
Oct 23, 2020
Nov 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,709
$142,291
41%
56%
$1,349/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$1,649/mo
+$541/mo
7.3%
