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$317,000

NAL Estimated Property Value

5 Catamaran Ln, Belton, TX, 76513

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,636 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.76 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Disposal, Water Heater, Range
FlooringLaminate, Tile

Exterior

Lot Size14,401 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2324
Lot Number6
SubdivisionMorgans Point Resort Section 4
Land UseResidential
Legal DescriptionMORGANS POINT RESORT SECTION 4, BLOCK 019, LOT 6, 7
Census Tract020201
Assessed Land Value$32,000
Assessed Improvement Value$269,340
Assessment Year2025

About this property

Welcome home to peace, privacy, and potential at the end of a quiet cul-de-sac in Morgan’s Point Resort. This charming retreat sits on a wooded and secluded 1/3-acre lot, offering that cozy, country feel without sacrificing convenience. Step inside to find brand-new flooring in the living room and hallway and new lighting in the living space and dining room. These added touches bring warmth and style to your everyday living spaces. The updated primary bathroom adds a modern touch to this rustic gem while keeping its character. A brand new roof adds even more peace of mind, making this home truly move-in ready. Outside, your imagination can run wild in the spacious backyard—whether you're dreaming of a garden, a firepit lounge, or simply space to roam. A separate workshop provides the perfect space for hobbies, storage, or weekend projects. With no HOA, and minutes from the lake and boat ramp, you'll enjoy the freedom to truly make this property your own. Located in the sought-after Belton ISD, this home blends rural charm with suburban benefits. If you’re looking for tranquility, character, and room to grow, this is it.

Investor Tools

Property Icon
$317,000
Estimated Property Value
$196,875Estimated Mortgage Balance
$120,125Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$665/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,393
$301,340
2025
$32,000
$269,340
$301,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,393
$301,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$216,000
No
First
Sep 14, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,875
$120,125
37%
62%
$1,296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$1,296/mo
+$64/mo
5.1%

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.

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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: Belton

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5 Catamaran Ln | Property Details | No Agent List