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$306,000

NAL Estimated Property Value

2614 Australia Reef Dr, Katy, TX, 77449

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,407 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$93.48 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Dishwasher

Exterior

Lot Size5,502 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APN1275910020007
Lot Number7
SubdivisionLakes At Mason Park Amend
Land UseResidential
Legal DescriptionLT 7 BLK 2 LAKES AT MASON PARK SEC 1 AMEND
Census Tract542901
Assessed Land Value$50,985
Assessed Improvement Value$234,629
Assessment Year2025

About this property

Welcome home! This beautiful two story home just built in 2008 has such a lovely floor plan. Including, two spacious bedrooms upstairs and the master bedroom on the ground level. Beautiful hand scraped engineered hardwood flooring, high ceilings, granite counter tops, large living areas and bedrooms, open concept kitchen with stainless steel appliances, lots of counter space, breakfast bar and nice sized breakfast nook. Home sits within walking distance to walking trails and neighborhood pool. This awesome neighborhood has great amenities. Easy access to Mason Road, I-10 and 99-Grand Park Way. Students attend the highly acclaimed Katy Independent School District. Residents enjoy the lake with trails, parks, recreation center and community pool. Close proximity to major shopping centers, major medical facilities, popular restaurants and entertainment. Home never flooded per seller.

Investor Tools

Property Icon
$306,000
Estimated Property Value
$190,288Estimated Mortgage Balance
$115,712Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,644
$285,614
2025
$50,985
$234,629
$285,614
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,644
$285,614

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Conventional
$213,750
No
First
Sep 8, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,288
$111,712
36%
62%
$1,282/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,757/mo
+$393/mo
8.4%

City: Katy

2614 Australia Reef Dr | Property Details | No Agent List