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$303,000

NAL Estimated Property Value

5318 Sunny Ray Dr, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,998 Sq Ft
price_per_sqft$158.66 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Range, Dishwasher, Water Purifier
FlooringCarpet, Laminate

Exterior

Lot Size5,001 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1441070040019
Lot Number19
Land UseResidential
Legal DescriptionLT 19 BLK 4 (PR YR IMPS 2022*1441070040031) MARISOL SEC 2
Census Tract542902
Assessed Land Value$52,250
Assessed Improvement Value$231,116
Assessment Year2025

About this property

Fantastic home with a great location to shopping, restaurants and entertainment. Zoned to highly acclaimed KATY ISD schools. 5318 Sunny Ray has easy access to freeways and conveniently located within walking distance to the neighborhood parks and lake. Reverse osmosis, 3 tank water softener, 5" gutters and EV charging station are just a few of the great additions the sellers have done to make this home even better! Downstairs the kitchen is the focal point with an abundance of rich wood 42" cabinets, gas cooking, granite counters and an oversized walk-in pantry making this beautiful kitchen appealing for any Chef in the family. Upstairs the primary bedroom is spacious and comes with two walk-in closets, a large walk-in shower and high ceilings. Additionally, you'll find two secondary bedrooms split between a generous game room. End your days relaxing as you step out to your covered patio, ready for all the BBQ nights you desire. Schedule your tour today!

Investor Tools

Property Icon
$303,000
Estimated Property Value
$200,471Estimated Mortgage Balance
$102,529Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$558/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,176
$283,366
2025
$52,250
$231,116
$283,366
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,176
$283,366

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Draper & Kramer Mortgage Corp
Conventional
$210,000
No
First
Nov 14, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,471
$99,529
33%
66%
$1,260/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,760/mo
+$470/mo
8.8%

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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