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$353,137

NAL Estimated Property Value

23018 Lanham Dr, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,736 Sq Ft
price_per_sqft$131.54 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,664 sqft

Building Information

Year Built1989
Stories2
Garage Spaces2

Land Information

APN1148890060023
Lot Number23
SubdivisionGovernors Place
Land UseResidential
Legal DescriptionLT 23 BLK 6 GOVERNORS PLACE SEC 1
Census Tract455200
Assessed Land Value$88,530
Assessed Improvement Value$264,607
Assessment Year2025

About this property

Welcome Home! This Beautiful 4 Bedroom 2 Bath is located in the established much desired Governors Place Community. Home features kitchen open to Breakfast area, Primary Bedroom Downstairs, 3 Bedrooms and Gameroom upstairs, Plantation shutters and Gas Fireplace. Formal Dining off the entry (could serve as a second open study). Spacious Primary Bedroom with large closets, En suite bath with garden tub, frameless shower, dual vanities and granite countertops. Chef's Kitchen boasts Quartz countertops with abundant storage, Bright white cabinets, Coffee/Tea Bar, Mini bar with wine cooler, kitchen island with cooktop and French doors that lead you to the back yard- Great for entertaining! Large kitchen windows overlooking your backyard oasis. Neighborhood amenities include Pool, Clubhouse, Tennis Courts and Playground. Enjoy easy access to I-10, Grand Pkwy, and LaCenterra at Cinco Ranch. Don't miss out! Schedule your tour today!

Investor Tools

Property Icon
$353,137
Estimated Property Value
$340,559Estimated Mortgage Balance
$12,578Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,159 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$684/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,448
$353,137
2025
$88,530
$264,607
$353,137
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,448
$353,137

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$351,000
Yes
First
Sep 30, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,559
$12,578
3%
96%
$2,105/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$2,705/mo
+$125/mo
9.6%

City: Katy

23018 Lanham Dr | Property Details | No Agent List