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$556,000

NAL Estimated Property Value

2031 Royal Downs Dr, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,957 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.18 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size10,029 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2269-07-002-0090-914
Lot Number9
SubdivisionCinco Ranch North Lake Village Sec 7
Land UseResidential
Legal DescriptionCINCO RANCH NORTH LAKE VILLAGE SEC 7, BLOCK 2, LOT 9
Census Tract673004
Assessed Land Value$82,680
Assessed Improvement Value$435,083
Assessment Year2025

About this property

Excellent location on a corner lot in the heart of North Lake Village in the master planned community of Cinco Ranch. This spacious one-story home has optimum flexibility. Study with French doors and built-in cabinets and shelves. Living area boasts bowed bayed windows and built-in media center with double sided gas log fireplace. Island kitchen is open to living area. Huge sunroom with double sided fireplace and French doors. Primary suite has sitting area. Primary bath features separate vanities, corner jetted tub, separate shower and water closet. Wired for sound in kitchen/breakfast area, study, primary bedroom, sunroom, and surround sound in living room. Easy access to Hwy 99, I10 and Westpark Tollway. 5 nearby grocery stores. LaCenterra with all its shopping, dining and entertainment is just on the other side of The Grand Parkway. Don't forget the award winning Katy ISD schools here too! Needs TLC, come put your touch on this one to make it YOURS!

Investor Tools

Property Icon
$556,000
Estimated Property Value
$0Estimated Mortgage Balance
$556,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,336 /month
Positive
Cash Flow Estimate:
$1,112 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
$1,450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,701
$512,435
2025
$82,680
$435,083
$517,763
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,701
$512,435

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$557,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$1,450/mo
+$740/mo
4.7%

City: Katy

2031 Royal Downs Dr | Property Details | No Agent List