$2,000
2406 Blue Reef Dr, Katy, TX, 77449
On Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
Exterior
Lot Size5,502 sqft
Building Information
Year Built2012
Garage Spaces2
Land Information
APN1275910120030
Lot Number30
SubdivisionLakes At Mason Park Amend
Land UseResidential
Legal DescriptionLT 30 BLK 12 LAKES AT MASON PARK SEC 1 AMEND
Census Tract542901
Assessed Land Value$50,985
Assessed Improvement Value$242,932
Assessment Year2025
About this property
Move in Ready! Newly paint and all room new vinyl floor, 3beds and 2bath one story home provide an extra room that can be used as a study/office. Zoned in Katy ISD, location convenient to Grand Pkwy 99 and shopping center, Enjoy a nice size yard, covered patio with shades, ceiling fan, and a storage shed in back which stays! Quiet and great neighborhood! Don`t miss it, schedule your tour today!
Investor Tools
$178,408Estimated Mortgage Balance
$117,202Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,764 /month
Positive
Cash Flow Estimate:
$588 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$547/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,100
$293,917
2025
$50,985
$242,932
$293,917
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,100
$293,917
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Katy Mortgage Corp
Conventional
$195,000
No
First
Nov 15, 2021
Dec 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,408
$115,509
39%
61%
$1,170/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,170/mo
+$980/mo
8.8%
