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$963,850

NAL Estimated Property Value

27523 Morton Road, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,299 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.41 / sqft
Year BuiltBuilt in 1888

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDisposal, Double Oven, Electric Oven, Gas Cooktop, Dishwasher
FlooringLaminate, Tile, Wood

Exterior

Lot Size1.61 acres

Building Information

Year Built1880
Stories2
Garage Spaces2

Land Information

APN337600-002-001-200
SubdivisionA-376 Fred Eule
Land UseCommercial
Legal DescriptionABS A337600 A-376 FRED EULE TRACT 2-1 ACRES 1.61
Census Tract680100
Assessed Land Value$190,690
Assessed Improvement Value$773,160
Assessment Year2025

About this property

Unrestricted use , can go commercial or residential. Previous owner converted the white house into an office. They removed the master tub/shower combination, but the house is on block and beam and the tub/shower can be replaced if to converted back to residential use. The electrical breaker panel has been upgraded, the house has had can lights added. There's a 30x60 shop on the property that includes a kitchenette, office/bedroom and full bathroom and laundry connections. There's 30x30 barn/storage with electricity, a 18 wheel container converted into an office( has electricity), house has a detached garage. There's 3 RV 50/30/20 amp electrical connections on the property with water and sewer connections. Cane Island is building the last lots on the north side towards Morton Road all around this property. See survey for land dimensions.

Investor Tools

Property Icon
$963,850
Estimated Property Value
$372,371Estimated Mortgage Balance
$591,479Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,783 /month
Positive
Cash Flow Estimate:
$1,928 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$781/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,554
$963,850
2025
$190,690
$773,160
$963,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,554
$963,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stellar Bank
Unknown
$412,500
No
First
Apr 28, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$372,371
$591,479
61%
39%
$2,474/mo

City: Katy

27523 Morton Road | Property Details | No Agent List