$299,000
23034 True Fortune Drive, Katy, TX, 77493
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size4,800 sqft
Building Information
Year Built2022
Garage Spaces2
Land Information
APN1451720020026
Lot Number26
Land UseResidential
Legal DescriptionLT 26 BLK 2 AURORA SEC 1
Census Tract542902
Assessed Land Value$60,653
Assessed Improvement Value$285,887
Assessment Year2025
About this property
This beautiful two-story home offers 4 bedrooms, 2.5 bathrooms, a spacious game room, and a 2-car garage. It is available furnished or unfurnished on a case-by-case basis. The home features a full sprinkler system and a well-appointed kitchen with 42” cabinets and a large island, perfect for everyday living and entertaining. Ideally located near major highways, grocery stores, and schools, this property combines comfort with convenience.
Investor Tools
$241,132Estimated Mortgage Balance
$105,408Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,079 /month
Positive
Cash Flow Estimate:
$693 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$639/month
$750/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,931
$346,540
2025
$60,653
$285,887
$346,540
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,931
$346,540
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East Capital Funding Llc
Conventional
$259,700
No
First
Aug 9, 2022
Sep 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,132
$105,408
30%
70%
$1,558/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,308/mo
+$572/mo
10.0%
