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$189,000

NAL Estimated Property Value

23835 Griffin House Ln, Katy, TX, 77493

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,210 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.36 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesPlayground
Lot Size6,299 sqft

Building Information

Year Built1981
Stories1
Garage Spaces1

Land Information

APN1137660000012
SubdivisionWilliamsburg Hamlet
Land UseResidential
Legal DescriptionTR 12A BLK 3 WILLIAMSBURG HAMLET SEC 1
Census Tract542600
Assessed Land Value$47,250
Assessed Improvement Value$134,680
Assessment Year2025

About this property

Inviting 2-bedroom, 1-bathroom single-story home in Williamsburg Hamlet is ready for its new tenant! This well-maintained property features luxury vinyl plank flooring throughout and a spacious living room with tall ceilings that create an open, airy feel. The kitchen boasts granite countertops, black appliances, and flows seamlessly into the dining area; perfect for entertaining or everyday living. Both bedrooms offer generous space, measuring approximately 17'x11' and 16'x11'. The home includes a 1-car attached garage, and appliances such as refrigerator, washer, and dryer are provided. The rental rate also includes monthly yard maintenance for added convenience. Enjoy easy access to local amenities, shopping, and major highways in this established neighborhood. A great option for those looking for low-maintenance living in a comfortable and stylish space! Ready for immediate move-in!

Investor Tools

Property Icon
$189,000
Estimated Property Value
$153,253Estimated Mortgage Balance
$35,747Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,134 /month
Positive
Cash Flow Estimate:
$378 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$92/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$154
$181,930
2025
$47,250
$134,680
$181,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$154
$181,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lendingone Llc
Commercial
$156,000
No
First
May 15, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,253
$34,747
18%
81%
$936/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$936/mo
+$1,294/mo
14.2%

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.

Explore Texas Explore This Area
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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