$485,000
NAL Estimated Property Value2039 Summer Gardens Ln, Katy, TX, 77493
Recently Sold
8/12/26
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Tile, Wood
Exterior
Lot Size8,843 sqft
Building Information
Year Built2014
Garage Spaces2
Land Information
APN1348820010006
Lot Number6
SubdivisionFalls At Green Meadows
Land UseResidential
Legal DescriptionLT 6 BLK 1 FALLS AT GREEN MEADOWS SEC 3
Census Tract542800
Assessed Land Value$78,482
Assessed Improvement Value$393,671
Assessment Year2025
About this property
Welcome home to a beautiful one story home! Enter and find beautiful wood floors in the entry way. Home office through French doors. Formal dining with access to kitchen makes for great entertaining! Kitchen is stunning with granite countertops, center island, breakfast bar and stainless steel appliances. Living room is open to the kitchen and breakfast room. Generous primary bedroom + three secondary bedrooms. Backyard is spacious!
Investor Tools
$485,000
Estimated Property Value
$182,244Estimated Mortgage Balance
$303,834Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,939 /month
Positive
Cash Flow Estimate:
$980 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$506/month
$1,200/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,652
$472,153
2025
$78,482
$393,671
$472,153
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,652
$472,153
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Mortgage Inc
Conventional
$240,000
No
First
May 20, 2015
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,244
$352,756
65%
38%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,200/mo
+$1,680/mo
7.1%
