Last 24 Hours
$455,000
2927 Neem Tree Ln, Katy, TX, 77493
$501,767 ARV
On Market
Just Added
5 Beds
4 Bath
2,967 Sq Ft
Single Family Residence
$153.35 / sqft
Built in 2023Property Lead Type:
Absentee Owner
Highlights
Interior
Bedrooms 5
Bathrooms Full 4
Garage Available
Heating Central
CoolingExterior
Lot Size7,510 sqft
Building Information
Year Built2023
Garage Spaces2
Land Information
APN1445180020016
Lot Number16
Land UseResidential
Legal DescriptionLT 16 BLK 2 MORTON CREEK RANCH SEC 26
Census Tract542902
Assessed Land Value$19,321
Assessed Improvement Value$392,698
Assessment Year2025
About this property
Modern and spacious 5-bedroom home in desirable Morton Creek Ranch. Featuring an open-concept layout with high ceilings, abundant natural light, a large family room, and a contemporary kitchen with ample storage and island. Spacious bedrooms, flexible game room, private backyard, and a functional floor plan designed for comfortable living and entertaining. Convenient Katy location near shopping, dining, schools, and major highways.
Investor Tools
$304,243Estimated Mortgage Balance
$165,778Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$501,767
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,814 /month
Positive
Cash Flow Estimate:
$938 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$639/month
$595/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,321
$412,019
2025
$19,321
$392,698
$412,019
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,321
$412,019
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$319,238
No
First
Dec 22, 2023
Jan 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,243
$149,757
32%
65%
$1,914/mo
12.4%