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$325,000

5019 Ivy Fair Way, Katy, TX, 77449

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths3,234 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.49 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size4,948 sqft

Building Information

Year Built2010
Garage Spaces2

Land Information

APN1295960010047
Lot Number47
SubdivisionRicewood Village
Land UseResidential
Legal DescriptionLT 47 BLK 1 RICEWOOD VILLAGE SEC 6
Census Tract542202
Assessed Land Value$56,253
Assessed Improvement Value$271,079
Assessment Year2025

About this property

Welcome to 5019 Ivy Fair Way in Ricewood Village, zoned to highly acclaimed Katy ISD! This move-in ready 5-bedroom, 3.5-bath home offers 3,234 sq. ft. of living space with a brand-new roof, new water heater, new flooring throughout, and brand-new carpet upstairs. The open-concept layout features a spacious family room with a fireplace, formal dining room, and a kitchen with ample cabinet and counter space overlooking the living area. The first-floor primary suite includes a soaking tub, separate shower, and walk-in closet. Upstairs you'll find four additional bedrooms, including one with a private en-suite bath ideal for guests or an in-law suite, plus a large game room and an additional flex room perfect for a home office, study, or playroom. Conveniently located near shopping, dining, and major commuter routes.

Investor Tools

Property Icon
$337,000
Estimated Property Value
$144,268Estimated Mortgage Balance
$183,148Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,022 /month
Positive
Cash Flow Estimate:
$674 /month

Interested in this property?

Alexander Watkins

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$155/month
$492/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$177
$327,332
2025
$56,253
$271,079
$327,332
No

Tax History

Year
Tax Paid
Assessed Value
2024
$177
$327,332

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Mortgage Co
Fha
$144,268
Yes
First
Jun 17, 2010
Jul 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,852
$183,148
54%
46%
$1,285/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$1,777/mo
+$1,003/mo
9.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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5019 Ivy Fair Way | Property Details | No Agent List