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$531,000

NAL Estimated Property Value

5107 Meadowlark Ln, Katy, TX, 77493

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,106 Sq Ft
price_per_sqft$172.25 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Concrete, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size19,942 sqft

Building Information

Year Built1975
Stories2
Garage Spaces3

Land Information

APN0740740000017
SubdivisionMotheral
Land UseResidential
Legal DescriptionTR 17A MOTHERAL SEC 2
Census Tract542700
Assessed Land Value$131,346
Assessed Improvement Value$361,486
Assessment Year2025

About this property

This is your opportunity for the most unique, character-filled home located on a 19,000+ square foot lot w/an amazing pool in Old Katy! This type of home rarely comes up and there is nothing else like it. Features include: 5 bedrooms (2 beds down), 3 full baths, 2 half baths, wood floors, 3 car garage, and stylish finishes throughout. The 1st floor has a huge living room w/ tons of windows, bar/wine area, formal dining, huge breakfast room, 2 half baths, beautiful kitchen w/updated appliances, large 2nd living room, huge primary suite, & guest bedroom that also makes a great office. Upstairs are 3 large bedrooms, 2 baths, + a huge balcony. This backyard is an absolute dream w/an incredible pool & hot tub, covered patio, 100 year old trees, and tons of grass area and play space. Other features: downstairs AC and ductwork replaced 4 years ago, tile roof, safety net for pool. Low taxes, no HOA, located in City of Katy city limits and no flooding! You have to see this one to believe it!

Investor Tools

Property Icon
$531,000
Estimated Property Value
$253,966Estimated Mortgage Balance
$277,034Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$892/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,045
$492,832
2025
$131,346
$361,486
$492,832
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,045
$492,832

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Conventional
$283,000
No
First
Jan 11, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,966
$238,866
48%
48%
$1,697/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,697/mo
+$1,183/mo
6.5%

City: Katy

5107 Meadowlark Ln | Property Details | No Agent List