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$396,000

NAL Estimated Property Value

2703 Fortuna Dr, Katy, TX, 77493

$400,263 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,409 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.04 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size17,999 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN0880200000015
Lot Number15
SubdivisionRiceland Terrace
Land UseResidential
Legal DescriptionLT 15 BLK 5 RICELAND TERRACE
Census Tract542800
Assessed Land Value$137,880
Assessed Improvement Value$217,709
Assessment Year2025

About this property

This well-maintained home offers approximately 2,500 square feet on an almost 1/2 acre lot-boat/RV storage. Roof '23. AC '21. Double paned windows. 5 big bedrooms & 3 full bathrooms, providing ample space & privacy in Old Town Katy. 2 primary bedrooms, one could be a game room, split floor plan, both primaries featuring a private bathroom. Hall bath w/ double vanity & separate privacy area w/ tub/shower. 3 full bathrooms are conveniently located throughout the home, ensuring accessibility & functionality. The remodeled home boasts modern finishes & fixtures great blend of traditional & contemporary styles. AC4 water resistant laminate flooring. Low tax rate, No HOA & No MUD tax. Huge pool-sized lot w/ great outdoor living space and a covered patio perfect for entertaining. Property offers a peaceful and private setting, ideal for those seeking a tranquil living environment. Garden w/ raised beds, full of veggies & herbs & ready for the gardener in your family. Katy High School !

Investor Tools

Property Icon
$396,000
Estimated Property Value
$391,278Estimated Mortgage Balance
$4,722Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$400,262
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$832/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,000
$355,589
2025
$137,880
$217,709
$355,589
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,000
$355,589

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Fha
$394,718
Yes
First
Nov 3, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$391,278
$4,722
1%
99%
$2,367/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,367/mo
+$513/mo
8.7%

City: Katy

2703 Fortuna Dr | Property Details | No Agent List