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$365,000

NAL Estimated Property Value

26419 Richwood Oaks Drive, Katy, TX, 77494

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,394 Sq Ft
price_per_sqft$100.21 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Range, Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size5,369 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9305-02-005-0230-914
Lot Number23
SubdivisionWestheimer Lakes North Sec 2
Land UseResidential
Legal DescriptionWESTHEIMER LAKES NORTH SEC 2, BLOCK 5, LOT 23
Census Tract673109
Assessed Land Value$55,250
Assessed Improvement Value$274,702
Assessment Year2025

About this property

**OPEN HOUSE THIS SUNDAY, MAY 19TH FROM 1-5PM!** Welcome home to 26419 Richwood Oaks Drive! 3 bedrooms, 2.5 bathrooms, 2,394 sqft home sitting on an expansive lot with NO BACK NEIGHBORS! Zoned to Katy ISD and the sought after Seven Lakes High School, this home is nestled in the fantastic community of Westheimer Lakes North! This incredible home has received fantastic upgrades and improvements from the original owners including a wonderfully equipped kitchen with stellar appliances, hand-scraped wood floors, LifeProof carpet, gorgeous mature trees, french drain system, a 100 sqft sunroom addition with a beautiful wood plank ceiling, a large patio with handsome wood plank ceiling, and a water softener and filtration system included with the home. The bedrooms are beautifully appointed and the master suite is privately located upstairs away from the other bedrooms. The home has a beautiful foyer, elegant dining room, and large game room! Low tax rate & easy access to Westpark Tollway!

Investor Tools

Property Icon
$365,000
Estimated Property Value
$60,375Estimated Mortgage Balance
$304,625Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$448/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,555
$329,952
2025
$55,250
$274,702
$329,952
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,555
$329,952

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$70,000
No
First
Jun 14, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$60,375
$304,625
83%
17%
$420/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,170/mo
+$1,410/mo
8.5%

Learn About the Market: Opportunity in Texas

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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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26419 Richwood Oaks Drive | Property Details | No Agent List