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$517,000

NAL Estimated Property Value

26519 Richwood Oaks Drive, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,041 Sq Ft
price_per_sqft$83.12 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Washer, Microwave, Gas Cooktop, Electric Oven
FlooringTile, Wood

Exterior

Lot Size6,498 sqft

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces1

Land Information

APN9305-06-001-0340-914
Lot Number34
SubdivisionWestheimer Lakes North Sec 6
Land UseResidential
Legal DescriptionWESTHEIMER LAKES NORTH SEC 6, BLOCK 1, LOT 34
Census Tract673109
Assessed Land Value$58,500
Assessed Improvement Value$479,200
Assessment Year2025

About this property

Beautiful 4 bedrooms 3.5 bathroom home located in highly desired community of Westheimer Lakes North with exemplary schools & walking distance to all the amenities. Location of this home is unmatched, park, walking trails, gazebo, club house & community swimming pool & splash pad is in front of the home. As you arrive to this beautiful home you will be greeted with happiness of kids playing in the park. Through the leaded glass door you will be welcomed w/ high ceiling & multiple windows with beautiful natural light gleaming the highly desired open concept design. Upgrades include granite counter, arched entry ways, rounded corners, formal & oversize family room, beautiful wood floors all around with no carpet, wood stairs, new daylight lights, oversize game room, radiant barrier, energy efficient windows, water softener, cover back patio, media room with built-in speakers, metal hand rail spindles, tile entry, deep closets, stone elevation, bay windows in family & no back neighbors.

Investor Tools

Property Icon
$517,000
Estimated Property Value
$0Estimated Mortgage Balance
$517,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,102 /month
Positive
Cash Flow Estimate:
$1,034 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$722/month
$815/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,074
$492,350
2025
$58,500
$479,200
$537,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,074
$492,350

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$517,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$815/mo
+$2,525/mo
7.8%

Learn About the Market: Opportunity in Texas

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Explore

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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26519 Richwood Oaks Drive | Property Details | No Agent List