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$518,000

NAL Estimated Property Value

2418 Amber Springs Dr, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,050 Sq Ft
price_per_sqft$113.77 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Cooktop
FlooringCarpet, Tile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Lot Size8,607 sqft

Building Information

Year Built1991
Garage Spaces3

Land Information

APN1170320030021
Lot Number21
SubdivisionKelliwood Gardens
Land UseResidential
Legal DescriptionLT 21 BLK 3 KELLIWOOD GARDENS SEC 1
Census Tract454901
Assessed Land Value$85,793
Assessed Improvement Value$407,883
Assessment Year2025

About this property

Beautiful well-maintained home with 4 bedrooms, 2.5 baths with a pool. Located in desirable Kelliwood Gardens on a cul-de-sac street. Home boasts updated flooring throughout including newly installed carpet, updated engineered wood floors and gorgeous tile. Home also has beautiful and energy efficient Anderson windows, newly replaced pool heater, fresh paint and a porte-cochere. Home is great for entertaining guests in the formal dining or under the covered patio by the pool with beautifully maintained landscaping. The home also has abundant storage including a bonus storage room upstairs off the game room, under stairs storage and large closets in every room! Zoned to great Katy ISD schools and close to the neighborhood pool and tennis courts. Offers have fallen through due to covid job loss.

Investor Tools

Property Icon
$518,000
Estimated Property Value
$248,761Estimated Mortgage Balance
$269,239Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,108 /month
Positive
Cash Flow Estimate:
$1,036 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$784/month
$770/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,815
$493,676
2025
$85,793
$407,883
$493,676
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,815
$493,676

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$280,000
No
First
Aug 7, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,761
$293,239
54%
48%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$2,449/mo
+$381/mo
6.6%

City: Katy