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$340,000

4603 Schlipf Rd, Katy, TX, 77493

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,620 Sq Ft
Year BuiltBuilt in 2020

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size4.13 acres

Building Information

Year Built2020

Land Information

APN337300-002-025-100
SubdivisionA-373 Fred Eule
Land UseAgriculture / Farming
Legal DescriptionABS A337300 A-373 FRED EULE TRACT 2-25 (CALLED TR A) ACRES 4.125 PART OF 40.153 ACS PART OF 40.153 ACS
Census Tract680100
Assessed Land Value$261,559
Assessed Improvement Value$78,441
Assessment Year2025

About this property

UNRESTRICTED 4.1 ACRES with great proximity to The Grand Parkway/99 and I-10. A buyer's opportunity to own accessible cleared land with electric, septic and well in place. Zoned to esteemed KISD. Endless choices---residential or commercial, the sky is the limit. Manufactured home and storage buildings are negotiable. Contiguous 15.5 acres also may be available for purchase. Please call the listing agent for details. Thank you for showing.

Investor Tools

Property Icon
$340,000
Estimated Property Value
$300,000Estimated Mortgage Balance
$65,011Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$555/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$340,000
2025
$261,559
$78,441
$340,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$340,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens State Bank
Commercial
$300,000
No
First
Dec 17, 2021
Dec 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,989
$65,011
19%
81%
$1,799/mo

Learn About the Market: Opportunity in Texas

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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.

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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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4603 Schlipf Rd | Property Details | No Agent List