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$269,317

NAL Estimated Property Value

531 Promenade Blvd, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,764 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.67 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher

Exterior

Lot Size7,854 sqft

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN1110550000021
Lot Number21
SubdivisionWest Memorial South
Land UseResidential
Legal DescriptionLT 21 BLK 6 WEST MEMORIAL SOUTH SEC 1
Census Tract455200
Assessed Land Value$78,237
Assessed Improvement Value$191,080
Assessment Year2025

About this property

BACK ON THE MARKET SO IT'S NOT TOO LATE TO CHECK OUT THIS 3 BEDROOM, 2 BATH HOME ON A LARGE CORNER LOT IN THE SOUGHT-AFTER CITY OF KATY.... WALKING DISTANCE TO POOL, PARK AND WEST MEMORIAL JUNIOR HIGH SCHOOL.... KITCHEN FEATURES STAINLESS STEEL APPLIANCES AND BREAKFAST BAR THAT OPENS TO SPACIOUS FAMILY ROOM WITH BRICK FIREPLACE AND HIGH CEILING.... SEPERATE DINING AREA OFF THE FAMILY ROOM.... OTHER FEATURES INCLUDE CERAMIC TILE FLOORING, TILE BACKSPLASH, CEILING FANS, NEW TRIPLE PANE WINDOWS, NEW MICROWAVE, NEW KITCHEN SINK, NEW EXTERIOR A/C, GARAGE DOOR OPENER AND MUCH MORE.... EASY ACCESS TO I-10 AND 99 TOLL ROAD.... CLOSE TO SHOPPING, SCHOOLS, PLAYGROUND, ENTERTAINMENT, RESTAURANTS, KATY MILLS MALL AND MORE.... CALL YOUR AGENT OR OUR OFFICE FOR A PRIVATE SHOWING TODAY!

Investor Tools

Property Icon
$269,317
Estimated Property Value
$237,962Estimated Mortgage Balance
$31,355Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,616 /month
Positive
Cash Flow Estimate:
$539 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,866
$269,317
2025
$78,237
$191,080
$269,317
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,866
$269,317

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zillow Home Loans Llc
Fha
$241,859
Yes
First
Jun 17, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,962
$31,355
11%
88%
$1,451/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$1,901/mo
+$289/mo
9.8%

City: Katy

531 Promenade Blvd | Property Details | No Agent List