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$1,499,999

2603 Braer Ridge Dr, Katy, TX, 77494

PendingInfo
Beds4 Beds
Baths6 Bath
Baths5,053 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$296.85 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Refrigerator Included, Wine Refrigerator, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBack Green Space, Sprinkler System
Lot Size34,429 sqft

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces3

Land Information

APN4756-01-001-0430-914
Lot Number43
SubdivisionLake Pointe Estates Sec 1
Land UseResidential
Legal DescriptionLAKE POINTE ESTATES SEC 1, BLOCK 1, LOT 43 (PT)
Census Tract673103
Assessed Land Value$204,750
Assessed Improvement Value$903,706
Assessment Year2025

About this property

Manned Gated entrance. Large lot community. Water front view from large expanded front porch. Recently remodeled with new roof, kitchen appliances , fixtures and faucets, cabinets, lights, new carpet in master bedroom, game room, and bedroom. New paint inside and outside. Primary bedroom closet redesigned and primary master bath redesigned. Check out the virtual tour and the Matterport 3D tour.

Investor Tools

$312,817Estimated Mortgage Balance
$1,175,105Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,903/month
$7,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,410
$1,108,456
2025
$204,750
$903,706
$1,108,456
No

Tax History

Year
Tax Paid
Assessed Value
2025
$15,410
$1,108,456

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Teresa Ruth Swanson
Assumption
$340,000
Yes
First
Feb 9, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,817
$1,018,183
76%
21%
$2,039/mo

City: Katy