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$262,000

2806 Mustang Hill Ln, Katy, TX, 77449

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,670 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.66 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size5,611 sqft

Building Information

Year Built2009
Garage Spaces1

Land Information

APN1298110030025
Lot Number25
SubdivisionMorton Ranch
Land UseResidential
Legal DescriptionLT 25 BLK 3 MORTON RANCH SEC 5
Census Tract542302
Assessed Land Value$50,610
Assessed Improvement Value$165,546
Assessment Year2025

About this property

WOW!! Looking for a home that is Move in ready? This is IT!! Fresh Paint throughout, new tile flooring in Kitchen and Baths and Brand New Carpet in the Bedrooms. You'll LOVE the Open floorplan for family gatherings and entertaining. You'll have plenty of space to serve all your food on the center island as well. Gorgeous Laminate wood flooring in the Formal Dining Room and Family Room. Stay cozy this winter gathering your family around the fireplace. The bedrooms are a split floorplan for added privacy. You'll love the tre' ceilings in the Master Suite. The pool/recreation center and separate play area are all a short walk away. HURRY!!

Investor Tools

Property Icon
$262,000
Estimated Property Value
$205,200Estimated Mortgage Balance
$75,325Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,060
$216,156
2025
$50,610
$165,546
$216,156
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,060
$216,156

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Conventional
$205,200
No
First
Aug 19, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,675
$68,325
26%
71%
$1,231/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,806/mo
+$344/mo
9.8%

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.

Explore Texas Explore This Area
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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