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$517,000

NAL Estimated Property Value

2715 Fortuna Drive, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$229.72 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size17,999 sqft

Building Information

Year Built1971
Stories1
Garage Spaces7

Land Information

APN0880200000018
Lot Number18
SubdivisionRiceland Terrace
Land UseResidential
Legal DescriptionLT 18 BLK 5 RICELAND TERRACE
Census Tract542800
Assessed Land Value$137,880
Assessed Improvement Value$273,333
Assessment Year2025

About this property

Beautiful single-story 3/2.5/3 home nestled on a secluded street in the established Riceland Terrace neighborhood in the heart of old Katy! This masterfully updated & beautifully unique home on a sprawling 0.4-acre wooded lot offers numerous spaces for entertaining, including a combined formal living & dining room with custom paint & designer lighting, a cozy family room with a stacked stone fireplace, & an impressively sized flex-use room with a wet bar & half bath that is accessible to the backyard oasis. The custom kitchen boasts quartz counters, a herringbone tile backsplash, new white cabinetry, & updated stainless appliances including a convection oven. Also note the study with built-ins, fabulously remodeled baths, & 3 car garage. Outdoors, enjoy the park-like backyard with a recently resurfaced pebble tec pool with child-safe fencing, patio deck, mature trees, firepit area, colorful landscaping, & huge workshop with electricity! Come & put down roots in rapidly growing Katy!

Investor Tools

Property Icon
$517,000
Estimated Property Value
$142,475Estimated Mortgage Balance
$374,525Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$995/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,353
$411,213
2025
$137,880
$273,333
$411,213
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,353
$411,213

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$150,000
No
First
Aug 17, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,475
$374,525
72%
28%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$900/mo
+$1,330/mo
5.2%

City: Katy

2715 Fortuna Drive | Property Details | No Agent List