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$314,000

NAL Estimated Property Value

5303 Lantana Creek Ct, Katy, TX, 77494

$340,869 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,730 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.79 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee 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, Electric Range, Dishwasher
FlooringTile

Exterior

Lot Size4,909 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2290-24-003-0330-914
Lot Number33
SubdivisionCinco Ranch West Sec 24
Land UseResidential
Legal DescriptionCINCO RANCH WEST SEC 24, BLOCK 3, LOT 33
Census Tract673106
Assessed Land Value$55,575
Assessed Improvement Value$255,421
Assessment Year2025

About this property

ADULTS ONLY, aged 55+ gated community of Heritage Grand in the master planned neighborhood of Cinco Ranch. This 2/2/2 is at the end of a cul-de-sac and features an open floor plan with high ceilings & crown molding galore. Study w/French doors. Recent 'wood' tile flooring added. Large kitchen is open to family room and dining area. Spacious primary bedroom. Primary bath with dual sinks, separate shower & jetted tub, linen closet, spacious walk-in closet and glass block window. Laundry with added cabinets and folding countertop. Covered back porch. Huge clubhouse has activities 7 days a week and features a complete gym, heated pool, mini golf, bocce ball, pickle ball and basketball. HOA fee includes front yard maintenance, basic cable, security alarm system, trash pick up, access to pool, gym & activities in the clubhouse. See attached list from HOA. Heritage Grand is close to shopping, dining and entertainment. LaCenterra is less than 2 miles away. Must be aged 55 or older to buy here!

Investor Tools

Property Icon
$314,000
Estimated Property Value
$166,753Estimated Mortgage Balance
$147,247Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$340,869
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,884 /month
Positive
Cash Flow Estimate:
$628 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$592/month
$289/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,535
$310,996
2025
$55,575
$255,421
$310,996
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,535
$310,996

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$178,000
No
First
Dec 28, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,753
$151,247
47%
53%
$1,068/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,357/mo
+$603/mo
7.5%

City: Katy

5303 Lantana Creek Ct | Property Details | No Agent List