$492,300
NAL Estimated Property Value23302 Fairbranch Dr, Katy, TX, 77494
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Tankless Water Heater
FlooringLaminate, Tile, Wood
Exterior
Lot Size10,974 sqft
Building Information
Year Built1996
Stories1
Roof Type105
Garage Spaces2
Land Information
APN2273-06-002-0360-914
Lot Number36
SubdivisionCinco Ranch Greenway Village Sec 6
Land UseResidential
Legal DescriptionCINCO RANCH GREENWAY VILLAGE SEC 6, BLOCK 2, LOT 36
Census Tract673005
Assessed Land Value$102,960
Assessed Improvement Value$389,340
Assessment Year2025
About this property
POOL-Self Cleaning*Three Bedrooms*Cinco Ranch*LOW Taxes*Study (4th bedroom)*Next to Katy ISD's Fielder Elementary*Fresh Paint May 2020*Carpet May 2020*Wood Floors in Entry, Den, Study, Dining Room and Hall*Travertine in Kitchen*TANKLESS WATER HEATER*Granite in Kitchen and Bathrooms*Alarm*Sprinkler System*Split Floor Plan*Gas Log Fireplace*Double Pane Windows*Storm Doors*Corner Lot*Enjoy all the Amenities Cinco Ranch has to offer- Tennis Courts, Beachclub, WaterParks, LakeHouse, Playgrounds etc...
Investor Tools
$492,300
Estimated Property Value
$273,182Estimated Mortgage Balance
$219,118Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,954 /month
Positive
Cash Flow Estimate:
$985 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$883/month
$1,095/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,137
$492,300
2025
$102,960
$389,340
$492,300
No
Tax History
Year
Tax Paid
Assessed Value
2025
$8,137
$492,300
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vanderbilt Mortgage & Finance Inc
Conventional
$308,750
No
First
Jun 22, 2020
Jul 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,182
$219,118
44%
55%
$1,852/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,947/mo
$-367/mo
6.3%
