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$196,000

NAL Estimated Property Value

23823 Silversmith Ln, Katy, TX, 77493

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,210 Sq Ft
price_per_sqft$165.29 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringTile

Exterior

Lot Size6,599 sqft

Building Information

Year Built1981
Stories1
Garage Spaces1

Land Information

APN1137650000022
Lot Number22,23
SubdivisionWilliamsburg Hamlet
Land UseResidential
Legal DescriptionTRS 22A & 23B BLK 2 LT 22 LESS NE 25 FT & NE 15 FT OF LT 23 WILLIAMSBURG HAMLET SEC 1
Census Tract542600
Assessed Land Value$47,475
Assessed Improvement Value$146,518
Assessment Year2025

About this property

Welcome to this beautifully updated 2-bedroom, 1-bathroom home in Williamsburg Hamlet. The expansive family room offers a vaulted ceiling with a stylish fan, large windows offering picturesque backyard views, & a striking free-standing wood-burning fireplace. The beautiful kitchen features 42" cabinets, quartz countertops, a sleek subway tile backsplash, & stainless steel appliances. Ample cabinet & drawer space, along with a pantry, make this kitchen both functional & elegant. Adjacent to the kitchen, the dining area is highlighted by a chic chandelier. Step out to the covered back porch, perfect for outdoor dining & relaxation. The spacious & lush backyard is securely fenced, ideal for kids & pets. A practical storage shed & the added privacy of backing onto a greenbelt with no rear neighbors enhance the appeal of this property.

Investor Tools

Property Icon
$196,000
Estimated Property Value
$133,824Estimated Mortgage Balance
$62,176Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$380/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,576
$193,993
2025
$47,475
$146,518
$193,993
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,576
$193,993

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sweet Land Llc
Balloon
$135,000
No
First
Nov 17, 2025
Dec 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,824
$61,176
31%
68%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,260/mo
+$970/mo
13.7%

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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23823 Silversmith Ln | Property Details | No Agent List