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Owner Contacts

$485,533

NAL Estimated Property Value

28523 Spiceberry Dr, Katy, TX, 77494

Off Market

4 Beds

3 Bath

2,875 Sq Ft

$139.13 / sqft

Built in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Private Pool

Exterior FeaturesOutdoor Kitchen

Lot Size7,440 sqft

Building Information

Year Built2009

Stories1

Roof Type105

Garage Spaces2

Land Information

APN3105-18-005-0020-914

Lot Number2

SubdivisionFirethorne Sec 18

Land UseResidential

Legal DescriptionFIRETHORNE SEC 18, BLOCK 5, LOT 2

Census Tract673201

Assessed Land Value$67,600

Assessed Improvement Value$417,933

Assessment Year2025

About this property

Charming one story Perry home. Fully bricked with stone elevation. Grand foyer with custom faux paint. Private study with French doors and wood floors. Hallways with pocket doors added. All rooms in the home have been painted. Chair rails in two of the bedrooms and dining room. Kitchen includes: custom wood 42 in cabinets/hardware, added recess lighting, and walk in pantry w/spice rack. Formal dining room with faux painting and wood floors. HUGE master bedroom and closet! Master bath has been redone and includes new shower, granite counters, new tile flooring, and framed mirror. Cabinetry added to the large utility room and all bathrooms, allowing extra storage. Custom patio with wood ceilings, ceiling fans, and outdoor kitchen. Beautiful pool/hot tub added last year! 3 car tandem garage with decked attic added. New fence 2020. Roof replaced 2016. Home has been well maintained. Zoned to KISD. Walking distance to Wolman Elementary.

Investor Tools

$485,533

Estimated Property Value

$179,481Estimated Mortgage Balance

$306,052Estimated Equity

63% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,913 /month

Positive

Cash Flow Estimate:

$971 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$661/month

$800/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,499

$485,533

2025

$67,600

$417,933

$485,533

Tax History

Year

Tax Paid

Assessed Value

2025

$5,499

$485,533

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Weichert Financial Services

Conventional

$200,000

First

Jan 20, 2021

Feb 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$179,481

$306,052

63%

37%

$1,200/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$2,000/mo

+$1,340/mo

8.3%

Learn About the Market: Opportunity in Texas

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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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