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$484,000

NAL Estimated Property Value

29318 Ribbongrass Ct, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,122 Sq Ft
price_per_sqft$155.35 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size7,294 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN3601-12-003-0300-901
Lot Number30
SubdivisionFirethorne West Sec 12
Land UseResidential
Legal DescriptionFIRETHORNE WEST SEC 12, BLOCK 3, LOT 30
Census Tract673201
Assessed Land Value$70,785
Assessed Improvement Value$373,854
Assessment Year2025

About this property

This beautiful 4 bedroom 3 1/2 bath home in Firethorne is in immaculate shape and well maintained by owner. With it's extremely functional and open floor plan it is perfect for entertaining. The backyard has a custom privacy fence with an extended covered patio. The primary bedroom is downstairs and the additional bedrooms all upstairs with two bathrooms and a spacious game room. This home is situated on one of the larger lots in a quiet section of Firethorne within walking distance to school. Easy access to I-10 and a convenient commute to Houston Business districts.

Investor Tools

Property Icon
$484,000
Estimated Property Value
$403,990Estimated Mortgage Balance
$80,010Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$618/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,995
$444,639
2025
$70,785
$373,854
$444,639
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,995
$444,639

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southtrust Bank Na
Conventional
$48,000
No
First
Nov 21, 2022
Nov 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$403,990
$90,010
18%
83%
$2,591/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,391/mo
$-51/mo
8.3%

City: Katy

29318 Ribbongrass Ct | Property Details | No Agent List