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$419,390

NAL Estimated Property Value

5230 Englewood Point Ct, Katy, TX, 77494

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,224 Sq Ft
price_per_sqft$186.6 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,298 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2290-24-002-0090-914
Lot Number9
SubdivisionCinco Ranch West Sec 24
Land UseResidential
Legal DescriptionCINCO RANCH WEST SEC 24, BLOCK 2, LOT 9
Census Tract673106
Assessed Land Value$68,900
Assessed Improvement Value$350,490
Assessment Year2025

About this property

This beautiful traditional styled home, at end of cul de sac, is in the most desired 55+ active adult gated community of Heritage Grand. This open style layout has immense counter space with a very welcoming enviorment that flows from the kitchen to the living room. Gas log fireplace in living room. There are two/three bedrooms with 2 full baths. In addition to this open layout there is a dining room and breakfast area off the kitchen, accompanied by a fantastic office/study that can be used as 3rd bedroom. Many updates to include: TOTAL HOME GENERATOR 2022, New Kitchen 2016, floors replaced with wood and carpet 2013 & 2021 AC/Furnace (Trane) 2021, roof 2019, plantation shutters, attic floored. Beautiful backyard with lush flower beds and extended covered patio. Clubhouse with fulltime staff, beautiful pool, Gym, Social ballroom, library, pool table, shuffle board, bocce ball, pickle ball courts, miniture golf and much more. Close to shopping and dining in La Centera.

Investor Tools

Property Icon
$419,390
Estimated Property Value
$210,793Estimated Mortgage Balance
$208,597Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,516 /month
Positive
Cash Flow Estimate:
$839 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
$313/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,058
$419,390
2025
$68,900
$350,490
$419,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,058
$419,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$220,000
No
First
May 1, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,793
$208,597
49%
50%
$1,266/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,579/mo
+$1,001/mo
7.4%

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: Katy

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