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$685,614

NAL Estimated Property Value

27035 Franklin Park Dr, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,599 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.81 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Range, Electric Oven

Exterior

Lot Size11,534 sqft

Building Information

Year Built2011
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2278-48-002-0180-914
Lot Number18
SubdivisionCinco Ranch Southwest Sec 48
Land UseResidential
Legal DescriptionCINCO RANCH SOUTHWEST SEC 48, BLOCK 2, LOT 18
Census Tract673110
Assessed Land Value$107,250
Assessed Improvement Value$578,364
Assessment Year2025

About this property

PRICE BELOW APPRAISED VALUE!!! Beautiful Highland home that consists of brick and stone exterior w/Craftsman style elevation. 4/5 bed, 3.5 bath, media room currently used as 5th bedroom with large IKEA wardrobe and queen bed that can stay. Hardwood floors(1st floor), gourmet kitchen w/large island and GE stainless appliances, plantation shutters and roman shades, large stone fireplace with ceramic logs. Freshly painted (exterior and interior). Large covered back flagstone patio & huge backyard. This gorgeous home is 5 minutes away to Seven Lakes Junior High and High School a top rated public school located in Katy w/easy access to Westpark Tollway and Katy Frwy.

Investor Tools

Property Icon
$685,614
Estimated Property Value
$304,797Estimated Mortgage Balance
$380,817Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,114 /month
Positive
Cash Flow Estimate:
$1,371 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,220/month
$1,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,209
$685,614
2025
$107,250
$578,364
$685,614
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,209
$685,614

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$341,000
No
First
Nov 16, 2020
Dec 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,797
$385,203
55%
44%
$2,045/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,195/mo
+$145/mo
5.8%

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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27035 Franklin Park Dr | Property Details | No Agent List