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$501,000

NAL Estimated Property Value

28119 Helmsman Knolls Drive, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,192 Sq Ft
price_per_sqft$145.68 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher, Oven
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size9,159 sqft

Building Information

Year Built2009
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3105-07-001-0550-914
Lot Number55
SubdivisionFirethorne Sec 7
Land UseResidential
Legal DescriptionFIRETHORNE SEC 7, BLOCK 1, LOT 55
Census Tract673201
Assessed Land Value$81,403
Assessed Improvement Value$416,150
Assessment Year2025

About this property

Stunning Highland 2-story home is filled w/decorator touches. Step inside to find tile & hardwood floors & lots of natural light from scattered windows. Enjoy special occasions in the formal dining room or make it an office. You'll love the spacious family room w/gas stone fireplace & windows overlooking lighted patio. The kitchen has granite countertops, separate pantry, & a charming breakfast area. 1st-floor owner's suite w/spa-like with bay-windows for extended seating area. Owner's bath has dual sinks, & a custom walk-in shower. It's all fun & games upstairs with a game/media room (projector is included), and extra spacious guest bedroom. Great oversized yard with outdoor lighting and firepit...great for family gatherings and/or build your dream backyard. Firethorne is a beautiful community w/friendly neighbors & amazing amenities including pools, parks & playgrounds, and award winning Katy ISD schools. Just minutes from I-10, this home gives you quick access to shopping & dining.

Investor Tools

Property Icon
$501,000
Estimated Property Value
$274,624Estimated Mortgage Balance
$226,376Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,006 /month
Positive
Cash Flow Estimate:
$1,002 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,674
$497,553
2025
$81,403
$416,150
$497,553
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,674
$497,553

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Metro City Bank
Conventional
$292,500
No
First
May 18, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,624
$226,376
45%
55%
$1,616/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,416/mo
+$924/mo
8.0%

Learn About the Market: Opportunity in Texas

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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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28119 Helmsman Knolls Drive | Property Details | No Agent List