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$352,000

NAL Estimated Property Value

4327 Reese Ravine Ln, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,842 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.25 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Instant Hot Water, Dryer, Refrigerator, Washer, Cooktop

Exterior

Lot Size5,780 sqft

Building Information

Year Built2022
Garage Spaces1

Land Information

APN1451610010018
Lot Number18
Land UseResidential
Legal DescriptionLT 18 BLK 1 KATY POINTE SEC 5
Census Tract542902
Assessed Land Value$67,285
Assessed Improvement Value$283,056
Assessment Year2025

About this property

Ready to move-in! This one-story Auburn home offers 4 bedrooms, 2 baths and 2 car garage. Convenient home office tucked off foyer. Create amazing meals in the lovely kitchen with maple cabinets, under cabinet lighting and quartz countertops with low bar top. Huge walk-in closet, double sinks, separate tub and shower in owner's bath. Covered patio in backyard. Community comforts include a swimming pool, pavilion, playground, walking and bike trails. Conveniently located near Westpark Tollway and Katy Freeway for easy access to Downtown Houston and the Energy Corridor. Enjoy popular shopping, dining and entertainment. Students are zoned to Katy ISD, a TEA-rated "Recognized" school district. Offered by: K. Hovnanian Houston Katy Pointe II, LLC.

Investor Tools

Property Icon
$352,000
Estimated Property Value
$185,768Estimated Mortgage Balance
$166,232Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,112 /month
Positive
Cash Flow Estimate:
$704 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$667/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,241
$350,341
2025
$67,285
$283,056
$350,341
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,241
$350,341

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
K Hovnanian American Mortgage Llc
Conventional
$199,000
No
First
Nov 15, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,768
$166,232
47%
53%
$1,194/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,194/mo
+$1,686/mo
9.8%

City: Katy

4327 Reese Ravine Ln | Property Details | No Agent List