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$249,000

NAL Estimated Property Value

3016 Walnut Springs Dr, Katy, TX, 77449

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.17 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher

Exterior

Lot Size5,397 sqft

Building Information

Year Built1984
Garage Spaces2

Land Information

APN1156230010053
Lot Number53
SubdivisionSundown Glen
Land UseResidential
Legal DescriptionLT 53 BLK 1 SUNDOWN GLEN SEC 1
Census Tract542303
Assessed Land Value$37,645
Assessed Improvement Value$203,008
Assessment Year2025

About this property

Ready for new tenants on a quiet cul-de-sac street this 3 bedroom 2 bath home is the one you have been looking for! You will love its open floor plan and high ceilings. Lovely brick fireplace divides the living room and dining area. The kitchen has granite countertops and stainless appliances. Nice-sized fenced backyard **Lawncare included in monthly rent**; Katy ISD Schools; easy access to I-10 and the Grand Parkway.

Investor Tools

Property Icon
$249,000
Estimated Property Value
$70,591Estimated Mortgage Balance
$178,409Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,393
$240,653
2025
$37,645
$203,008
$240,653
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,393
$240,653

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$89,600
No
First
May 31, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$70,591
$175,409
71%
28%
$538/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$538/mo
+$1,612/mo
10.4%

City: Katy

3016 Walnut Springs Dr | Property Details | No Agent List