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$277,000

NAL Estimated Property Value

20515 Cedar Rain Dr, Katy, TX, 77449

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,969 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.11 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Refrigerator, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,116 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1241110030026
Lot Number26
SubdivisionRaintree Village
Land UseResidential
Legal DescriptionLT 26 BLK 3 RAINTREE VILLAGE SEC 5
Census Tract542304
Assessed Land Value$56,127
Assessed Improvement Value$210,873
Assessment Year2025

About this property

Beautiful recently remodeled home. The entire home has recently been freshly painted gray to give it a more modern look. Open floor plan perfect for entertaining family and friends. Spacious living room/family room. This home offers a breakfast area and a formal dining room area. New 12x24 tile throughout the house. New carpet and pad in bedrooms. New appliances. Come see this gorgeous home before it's gone, won't last!

Investor Tools

Property Icon
$277,000
Estimated Property Value
$72,289Estimated Mortgage Balance
$204,711Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,662 /month
Positive
Cash Flow Estimate:
$554 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$519/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,845
$267,000
2025
$56,127
$210,873
$267,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,845
$267,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Resmae Mortgage Corp
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$106,392
No
First
Dec 5, 2005
Dec 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,289
$204,711
73%
26%
$889/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$889/mo
+$1,891/mo
12.0%

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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20515 Cedar Rain Dr | Property Details | No Agent List