$295,000
228 Elm Patch Drive, Katy, TX, 77493
On Market
Property Lead Type:
High Equity
Highlights
Interior
Building Information
Year Built2019
Stories2
Garage Spaces2
Land Information
APN491901-001-032-000
Lot Number32
SubdivisionFreeman Ranch 2
Land UseResidential
Legal DescriptionS491901 FREEMAN RANCH 2 BLK 1 LOT 32
Census Tract680100
Assessed Land Value$30,000
Assessed Improvement Value$320,130
Assessment Year2025
About this property
Beautiful 5 bedroom 2.5 baths located in Freeman Ranch. This 2 story home offers plenty of storage and space. This home has many upgrades including granite countertops and upgraded flooring. Spacious Master suite located on the first floor. Large Game room located upstairs plus 4 very spacious bedrooms. Make your appointment today!
Investor Tools
$0Estimated Mortgage Balance
$350,130Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,101 /month
Positive
Cash Flow Estimate:
$700 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
$300/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$350,130
2025
$30,000
$320,130
$350,130
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$350,130
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$350,130
100%
0%
$0/mo
