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$297,000

NAL Estimated Property Value

2307 Foundary Dr, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,895 Sq Ft
price_per_sqft$116.04 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size6,299 sqft

Building Information

Year Built1991
Stories1
Garage Spaces2

Land Information

APN1136520000023
Lot Number23
SubdivisionWilliamsburg Parish
Land UseResidential
Legal DescriptionLT 23 BLK 6 WILLIAMSBURG PARISH SEC 1
Census Tract542902
Assessed Land Value$51,233
Assessed Improvement Value$205,748
Assessment Year2025

About this property

Stunning one story home with 4 bedrooms, 2 baths & 2 car garage! Entry with skylight and front porch perfect for rocking chairs! Spacious living area filled with a high ceilings! Living area opens up to dining room! A cozy fireplace for those chilly days! A gorgeous kitchen & breakfast room perfect for enjoying magnificent meals! Gorgeous fireplace with wood mantle. A beautiful master bedroom with crown molding! Updated master bath filled with double sinks, separate shower & tub! Spacious backyard for those lovely evenings! Minutes away from Mason Creek Hike & Bike Trail, Rhodes Stadium, Memorial Hermann Hospital, & Katy Mills Mall! Easy access to SH-99 & I-10! Call now to make an appointment before it is too late!

Investor Tools

Property Icon
$297,000
Estimated Property Value
$199,854Estimated Mortgage Balance
$97,146Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$226/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,227
$256,981
2025
$51,233
$205,748
$256,981
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,227
$256,981

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rock Mortgage Services Lp
Conventional
$221,825
No
First
Mar 4, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,854
$97,146
32%
67%
$1,330/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,830/mo
+$400/mo
9.0%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Katy

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2307 Foundary Dr | Property Details | No Agent List