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$230,000

20938 Patriot Park Ln, Katy, TX, 77449

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,596 Sq Ft
price_per_sqft$144.11 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Freestanding Oven, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesSide Yard
Lot Size2,540 sqft

Building Information

Year Built2004
Garage Spaces2

Land Information

APN1246240010032
Lot Number32
SubdivisionLakeville
Land UseResidential
Legal DescriptionLT 32 BLK 1 LAKEVILLE SEC 3
Census Tract542201
Assessed Land Value$39,435
Assessed Improvement Value$180,941
Assessment Year2025

About this property

So much to appreciate in this 4-bedroom, 2.5-bath Katy home, featuring a flexible two-story layout with a spacious first-floor primary suite. The family and dining areas flow into an open kitchen with quartz-style countertops, gas range, generous cabinet space and a breakfast nook overlooking the backyard. Wood-look ceramic plank flooring throughout the first-floor living areas offers easy care and an updated look. Upstairs, three additional bedrooms, a full bath and game room provide plenty of space to spread out, work from home or create separate spaces for everyone. Outside, enjoy a fenced backyard with back patio, grassy area and a detached 2-car garage w/ convenient rear access. The community of Lakeville offers plenty of green space, a sparkling lake with walking trails, a neighborhood dog park, and the added benefit of a 2.45% tax rate. This residence is zoned to Cy-Fair ISD and is convenient to shopping, dining, I-10, Grand Parkway and Hwy 290.

Investor Tools

$158,918Estimated Mortgage Balance
$70,912Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Norberto Lopez

Keller Williams Signature

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$230/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,619
$220,376
2025
$39,435
$180,941
$220,376
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,619
$220,376

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$168,750
No
First
Mar 9, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,918
$79,082
33%
69%
$1,012/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$1,962/mo
+$818/mo
14.6%

City: Katy

20938 Patriot Park Ln | Property Details | No Agent List