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$492,551

NAL Estimated Property Value

28902 Powder Ridge Dr, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,860 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.31 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Electric Range, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size8,208 sqft

Building Information

Year Built2014
Roof Type105
Garage Spaces2

Land Information

APN3601-03-002-0010-901
Lot Number1
SubdivisionFirethorne West Sec 3
Land UseResidential
Legal DescriptionFIRETHORNE WEST SEC 3, BLOCK 2, LOT 1
Census Tract673201
Assessed Land Value$68,250
Assessed Improvement Value$424,301
Assessment Year2025

About this property

Stunning RAVENNA MODEL home on corner lot now for sale. 4 bedroom, 3 bath with 2.5 car garage! Close to amenities and a few blocks away from new elementary school. Minutes to I-10. This home has a chef's kitchen! Lots of cabinets, pull out drawers for pots, an enormous curved island with space for 4 bar stools, gas stove , 42"cabinets, stainless steel appliances, pendant lights, and huge walk-in pantry. The open concept layout is an entertainers dream. Kitchen opens to 26’x22’ family room and has sit-up bar. Features include high ceilings, double crown molding, cast stone fireplace, an abundance of natural light, granite counter tops throughout, custom draperies, smart home technology , upgraded 24" tile, & a large covered back porch. Master suite, generous sized secondary bedrooms with large closets, and mother-in-law suite. Lush landscaping. Come see this gem! Open 7 days per week! This one won't last long.

Investor Tools

Property Icon
$492,551
Estimated Property Value
$316,079Estimated Mortgage Balance
$176,472Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,955 /month
Positive
Cash Flow Estimate:
$985 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$588/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,596
$492,551
2025
$68,250
$424,301
$492,551
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,596
$492,551

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$356,500
No
First
Jul 10, 2020
Aug 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,079
$178,921
36%
64%
$2,138/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,938/mo
+$402/mo
8.1%

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.

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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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28902 Powder Ridge Dr | Property Details | No Agent List