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$283,655

20438 Newcastle Ridge Ln, Katy, TX, 77449

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,637 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.77 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Dishwasher
FlooringTile

Exterior

Lot Size7,841 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1373070020024
Lot Number24
Land UseResidential
Legal DescriptionLT 24 BLK 2 JASMINE HEIGHTS SEC 6
Census Tract542203
Assessed Land Value$53,324
Assessed Improvement Value$230,331
Assessment Year2025

About this property

Beautiful home in the quiet community of Jasmine Heights. Featuring elegant tiled flooring, spacious living room and dinning room with amazing natural light. Take your culinary abilities to new heights in the beautiful open kitchen, complete with granite countertops, a tile backsplash, gas range, recently repainted cabinets, and breakfast bar. Unwind in the spa-like primary suite, complete with a walk-in closet, dual vanities, a tub, and separate shower. The covered patio in the spacious backyard is perfect for outdoor entertaining and social gatherings. Additional upgrades include water treatment system. Must see!

Investor Tools

Property Icon
$283,655
Estimated Property Value
$289,750Estimated Mortgage Balance
$1,843Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,702 /month
Positive
Cash Flow Estimate:
$567 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
$320/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,726
$283,655
2025
$53,324
$230,331
$283,655
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,726
$283,655

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$289,750
No
First
Jul 31, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,812
$1,843
0%
99%
$2,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,370/mo
$-220/mo
9.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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20438 Newcastle Ridge Ln | Property Details | No Agent List