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$338,000

NAL Estimated Property Value

29119 Korsmans Landing Drive, Katy, TX, 77494

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,915 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.82 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,867 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN7897-11-001-0100-901
Lot Number10
SubdivisionTamarron Sec 11
Land UseResidential
Legal DescriptionTAMARRON SEC 11, BLOCK 1, LOT 10
Census Tract673202
Assessed Land Value$67,568
Assessed Improvement Value$261,432
Assessment Year2025

About this property

Like-new SMART HOME in the highly desirable "Forever Young" 55+ Adult Active Living Gated Community in Tamarron is ready for new owners! Move-in-ready home is loaded with perks: HERS Energy Rated, Tankless Water Heater, and "SMART HOME SYSTEM" features that allow you to control your home from anywhere: Camera Doorbell, Electric Deadbolt Lock, and Alexa. You'll love the disappearing sliding glass doors that open to your huge covered patio that overlooks the butterfly garden, gourmet kitchen equipped with a working & eat-in island, and the primary suite walk-in closet with direct entry to the laundry room. The guest bedroom features an ensuite bathroom. Conveniently located within walking distance to the hiking/biking trails as well as the large clubhouse, with a host of ongoing activities awaiting you each month, from mingling with your neighbors to different engaging fitness activities. You will have every opportunity to relax while also enjoying the amenities of this resort lifestyle!

Investor Tools

Property Icon
$338,000
Estimated Property Value
$194,279Estimated Mortgage Balance
$143,721Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
$1,950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,467
$329,000
2025
$67,568
$261,432
$329,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,467
$329,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Unknown
$210,000
No
First
May 26, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,279
$143,721
42%
57%
$1,260/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$3,210/mo
$-1,250/mo
7.0%

City: Katy

29119 Korsmans Landing Drive | Property Details | No Agent List