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$2,350

402 Mornington Ln, Katy, TX, 77494

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,209 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.06 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Exterior

Lot Size8,198 sqft

Building Information

Year Built2010
Garage Spaces2

Land Information

APN1277100040064
Lot Number64
SubdivisionLakes At Grand Harbor
Land UseResidential
Legal DescriptionLT 64 BLK 4 LAKES AT GRAND HARBOR SEC 2
Census Tract455300
Assessed Land Value$71,817
Assessed Improvement Value$271,822
Assessment Year2025

About this property

Ready for immediate move in. Photos coming soon. Close to I-10 and Katy Mills. Good and practical location. Built in 2010. One story 3-2-2. Clean and well-cared-for. Tile and wood flooring. Large back yard. Refrigerator, washer and dryer included. Gas range.

Investor Tools

$192,188Estimated Mortgage Balance
$152,397Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,062 /month
Positive
Cash Flow Estimate:
$687 /month

Interested in this property?

Bakul Brahmbhatt

Keller Williams Signature

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$494/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,212
$343,639
2025
$71,817
$271,822
$343,639
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,212
$343,639

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$200,000
No
First
Mar 28, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,188
$151,451
44%
56%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,200/mo
+$1,380/mo
9.0%

City: Katy

402 Mornington Ln | Property Details | No Agent List