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$327,704

NAL Estimated Property Value

20531 Terra Springs Dr, Katy, TX, 77449

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,332 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.6 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size7,153 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN1185850030067
Lot Number67
SubdivisionWestfield Terra
Land UseResidential
Legal DescriptionLT 67 BLK 3 WESTFIELD TERRA SEC 2
Census Tract542304
Assessed Land Value$53,901
Assessed Improvement Value$273,803
Assessment Year2025

About this property

This 1 story split floor plan single owner home offers 2332 sqft of living space with a seamless layout designed for comfort and functionality. The family area is filled with natural light, featuring a cozy gas fireplace and convenient flow into the kitchen, formal and informal dining spaces as well as a formal living. The notably large primary suite is the perfect retreat for unwinding after a long day. The 2 other bedrooms are perfect for guests, a home office or even a work out room. Laundry room has great space and the 2 car garage is equipped with shelves, cabinets and a work bench. Enjoy the covered back patio with low maintenance zero scape and just enough grass for your 4 legged friends. Zoned to Katy ISD, easy access to shops, entertainment and restaurants! Close to I10 and Hwy 99 for easy access to Houston and the surrounding areas.

Investor Tools

Property Icon
$327,704
Estimated Property Value
$197,963Estimated Mortgage Balance
$129,741Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,966 /month
Positive
Cash Flow Estimate:
$655 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$278
$327,704
2025
$53,901
$273,803
$327,704
No

Tax History

Year
Tax Paid
Assessed Value
2024
$278
$327,704

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$200,000
No
First
Oct 2, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,963
$129,741
39%
60%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$1,640/mo
+$1,140/mo
10.2%

City: Katy

20531 Terra Springs Dr | Property Details | No Agent List