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$365,670

NAL Estimated Property Value

2418 Village Lakes Dr, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,619 Sq Ft
price_per_sqft$141.28 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Water Purifier
FlooringCarpet, Tile

Exterior

Lot Size4,948 sqft

Building Information

Year Built2015
Garage Spaces1

Land Information

APN1354960020009
Lot Number9
Land UseResidential
Legal DescriptionLT 9 BLK 2 LAKECREST VILLAGE SEC 4
Census Tract542902
Assessed Land Value$64,350
Assessed Improvement Value$301,320
Assessment Year2025

About this property

Fantastic 2 story Chesmar home in Lakecrest Park, featuring 4 bedrooms, 3 and a half baths & 2 car attached garage. The open concept first floor offers soaring ceilings, a spacious family room with lots of windows & natural light, formal dining room, a chef's kitchen with granite countertops, large breakfast bar & brand new stainless steel appliances including gas range, microwave & dishwasher. The large owner's suite includes an en-suite bath, dual sinks, jetted tub, separate shower and walk-in closet. Upstairs are 3 additional bedrooms, 2 full bathrooms & a flex room that is currently being used as a sewing room. Large covered patio in the backyard is great for entertaining guests. Reverse osmosis, water filtration & sprinkler system. HOA dues include weekly front yard mowing, quarterly shrub maintenance and mulching. Neighborhood pool, rec center, playgrounds and walking trails less than a mile away. Zoned to Katy ISD schools. Minutes from 99 and I10, shopping & restaurants.

Investor Tools

Property Icon
$365,670
Estimated Property Value
$197,042Estimated Mortgage Balance
$168,628Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
$1,215/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,476
$365,670
2025
$64,350
$301,320
$365,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,476
$365,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wr Starkey Mortgage Llp
Fha
$252,875
Yes
First
Jan 25, 2016
Feb 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,042
$168,958
46%
54%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,215/mo
+$1,665/mo
9.5%

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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2418 Village Lakes Dr | Property Details | No Agent List