Last 24 Hours
$251,000
NAL Estimated Property Value3318 Rainshore Dr, Katy, TX, 77449
Off Market
3 Beds
3 Bath
1,701 Sq Ft
$155.2 / sqft
Built in 2003Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Full 2Bathrooms Half 1
Garage Available
Heating Central
CoolingAppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl
Exterior
Lot Size4,726 sqft
Building Information
Year Built2003
Garage Spaces2
Land Information
APN1241110010041
Lot Number41
SubdivisionRaintree Village
Land UseResidential
Legal DescriptionLT 41 BLK 1 RAINTREE VILLAGE SEC 5
Census Tract542305
Assessed Land Value$53,156
Assessed Improvement Value$196,801
Assessment Year2025
About this property
“This property may qualify for a Chase Homebuyer Grant. ” Look No Further! 3 BR Home Located in Desirable Community. Covered front porch perfect for rocking chairs! Tile Flooring on first floor, Dining/Living Room combo upon entry. Freshly painted throughout, Kitchen comes with plenty of cabinet space, new stove & dishwasher. Ceiling fans throughout. All bedrooms upstairs with new carpet. Large primary with walk-in closet & nice size secondary rooms. Plenty of backyard space. Walking trail/ park across the street. Excellent KATY ISD. Come See Today, you don't want to miss out on this home!
Investor Tools
$251,000
Estimated Property Value
$224,604Estimated Mortgage Balance
$26,396Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,584 /month
Positive
Cash Flow Estimate:
$528 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
$436/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,019
$249,957
2025
$53,156
$196,801
$249,957
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,019
$249,957
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$238,500
No
First
Mar 1, 2023
Apr 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,604
$26,396
10%
89%
$1,430/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$1,866/mo
+$914/mo
13.3%
12.4%