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$4,078,459

NAL Estimated Property Value

2618 Sara Ridge Ln, Katy, TX, 77450

Off MarketInfo
Beds5 Beds
Baths9 Bath
Baths10,183 Sq Ft
price_per_sqft$213.59 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 6Bathrooms Full 6
Bathrooms Half 3Bathrooms Half 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Convection Oven, Double Oven, Trash Compactor, Microwave, Gas Cooktop, Indoor Grill, Dishwasher, Cooktop
FlooringCarpet, Marble, Slate, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Outdoor Kitchen, Tennis Court(s)
Lot Size2.38 acres

Building Information

Year Built1999
Garage Spaces4

Land Information

APN1193830010008
Lot Number8
SubdivisionLakeforest Of Kelliwood
Land UseResidential
Legal DescriptionLT 8 BLK 1 LAKEFOREST OF KELLIWOOD SEC 2
Census Tract454502
Assessed Land Value$482,621
Assessed Improvement Value$3,595,838
Assessment Year2025

About this property

The ultimate in luxury living is achieved at Sara Ridge Lane in this stunning estate home, which perfectly incorporates the lush 2.4 acres of land with the stunning indoor space. The grounds feature covered patios, recently resurfaced Pebbletec pool, travertine decking and fire and water features, outdoor kitchen, firepit. Play tennis day or night on the resurfaced court or gather for a game of hoops, practice your putting or work out in your home gym working without ever leaving your home. Extensive interior updates inside include all new wood and travertine floors, paint, new custom cabinets and appliances in the kitchen, climate-controlled 400 bottle wine room, remodeled upstairs bathrooms with granite, travertine and custom cabinetry, 30 foot steel front entry and matching exterior doors and 20KW generator. Notable exterior updates include steel/insulated garage doors, replaced decking with waterproof-like tile on balcony and Clay tile roof completely replaced in 2012.

Investor Tools

Property Icon
$4,078,459
Estimated Property Value
$1,338,055Estimated Mortgage Balance
$2,740,404Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$24,471 /month
Positive
Cash Flow Estimate:
$8,157 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,514/month
$4,866/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$45,779
$4,078,459
2025
$482,621
$3,595,838
$4,078,459
No

Tax History

Year
Tax Paid
Assessed Value
2024
$45,779
$4,078,459

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Acc Mortgage Inc
Conventional
$1,500,000
No
First
Oct 22, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,338,055
$2,740,404
67%
33%
$8,994/mo

City: Katy

2618 Sara Ridge Ln | Property Details | No Agent List