$379,000
NAL Estimated Property Value2603 Fortuna Dr, Katy, TX, 77493
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Microwave, Dishwasher
Exterior
Lot Size17,999 sqft
Building Information
Year Built1979
Garage Spaces2
Land Information
APN0880200000010
Lot Number10
SubdivisionRiceland Terrace
Land UseResidential
Legal DescriptionLT 10 BLK 5 RICELAND TERRACE
Census Tract542800
Assessed Land Value$137,880
Assessed Improvement Value$203,263
Assessment Year2025
About this property
Welcome to a stunning 4-bedroom, 2-bathroom home nestled in the charming old Katy. shows modern elegance with quartz countertops, new cabinetry, and vanities enhancing the kitchen and bathrooms. Custom tile work graces the kitchen, bathrooms, and laundry areas, creating an elevated atmosphere.
Investor Tools
$379,000
Estimated Property Value
$523,710Estimated Mortgage Balance
$379,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,448 /month
Positive
Cash Flow Estimate:
$816 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$714/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,674
$341,143
2025
$137,880
$203,263
$341,143
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,674
$341,143
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Va
$545,000
Yes
First
Mar 11, 2024
Apr 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$523,710
N/A
0%
138%
$3,268/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$3,268/mo
$-388/mo
9.1%
