$404,000
NAL Estimated Property Value2839 Falcon Knoll Ln, Katy, TX, 77494
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Tile, Wood
Exterior
Lot Size6,805 sqft
Building Information
Year Built2003
Stories2
Roof Type105
Garage Spaces2
Land Information
APN2965-02-002-0460-914
Lot Number46
SubdivisionFalcon Ranch Sec 2
Land UseResidential
Legal DescriptionFALCON RANCH SEC 2, BLOCK 2, LOT 46
Census Tract673107
Assessed Land Value$42,793
Assessed Improvement Value$354,006
Assessment Year2025
About this property
FOUR BEDROOM HOME LOCATED ON A CUL-DE-SAC LOT, 2 STORY ENTRY, DINING ROOM W/CROWN MOLDING & CHAIR RAIL, GAS LOG FIREPLACE IN LIVING ROOM OPEN TO KITCHEN W/TILE FLOOR & BACKSPLASH, GAS COOKING AND BREAKFAST BAR, WINDOW SEAT IN BREAKFAST ROOM, LARGE PRIMARY SUITE, DLB SINK, SEP SHOWER AND WHIRLPOOL TUB IN PRIMARY BATH, GAME-ROOM UP, 1 BEDROOM UP HAS PRIVATE BATH PLUS 2 MORE BEDROOMS & A FULL BATH, 2 INCH BLINDS THROUGHOUT, ARCHED DOORWAYS. NO BACK NEIGHBORS. GREAT SIZE BACK YARD! CLOSE TO SHOPPING AND SCHOOLS.
Investor Tools
$404,000
Estimated Property Value
$299,135Estimated Mortgage Balance
$104,865Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,424 /month
Positive
Cash Flow Estimate:
$808 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$757/month
$650/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,062
$396,799
2025
$42,793
$354,006
$396,799
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,062
$396,799
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
I. Ray Kerlick, Jr., A Married Man
Unknown
$300,000
No
First
Mar 3, 2026
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,135
$121,865
28%
74%
$1,799/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,449/mo
+$891/mo
9.9%
