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$306,605

NAL Estimated Property Value

3735 Morning Cove Ln, Katy, TX, 77449

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,237 Sq Ft
price_per_sqft$84.49 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Laminate, Stone, Tile

Exterior

Lot Size8,294 sqft

Building Information

Year Built2003
Garage Spaces1

Land Information

APN1234770030009
Lot Number9
SubdivisionEnclave At Bridgewater
Land UseResidential
Legal DescriptionLT 9 BLK 3 ENCLAVE AT BRIDGEWATER SEC 2
Census Tract542901
Assessed Land Value$50,128
Assessed Improvement Value$256,477
Assessment Year2025

About this property

Home needs TLC and priced accordingly. No appliances. Great opportunity to renovate and make it personal or great investment opportunity to renovate and re-sell. Nice floor plan with large kitchen. Very nice size living room. 3 to 4 bedrooms and 2 1/2 baths. Nice size lot with backyard with room for a pool and lots of gardening. Extra room upstaird could be a home office.

Investor Tools

Property Icon
$306,605
Estimated Property Value
$250,527Estimated Mortgage Balance
$56,078Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,840 /month
Positive
Cash Flow Estimate:
$613 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$473/month
$490/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,145
$306,605
2025
$50,128
$256,477
$306,605
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,145
$306,605

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jackson Flagstar Centre Office
Fha
$265,567
Yes
First
Apr 5, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,527
$56,078
18%
82%
$1,593/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,083/mo
+$67/mo
8.4%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Katy

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