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$360,000

NAL Estimated Property Value

5323 Cherry Tallow Trl, Katy, TX, 77449

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,292 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.09 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Microwave, Gas Range, Dryer, Refrigerator, Washer
FlooringCarpet

Exterior

Lot Size6,003 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1446710030006
Lot Number6
Land UseResidential
Legal DescriptionLT 6 BLK 3 JASMINE HEIGHTS SEC 21
Census Tract542202
Assessed Land Value$50,505
Assessed Improvement Value$262,078
Assessment Year2025

About this property

Welcome home to 5323 Cherry Tallow Trail! This stunning home has NO BACK NEIGHBORS and offers a spacious 2,292 sq/ft of living space with 4 bedrooms, 3 full bathrooms, sits on a quiet street with beautiful landscaping, brick and stone exterior, and all zoned to Katy ISD! You'll love all the incredible features this home has to offer, including a spacious living room, wood cabinets, fully fenced backyard, covered back patio, and so much more! Recent upgrades include a video door bell, smart garage door, smart door lock keypad, new quartz kitchen counters, large deep single sink bowl in the kitchen, pull out faucet, all bathroom counters upgraded to quartz, and the renovated the primary bathroom shower to include a glass door! Rental comes with all major appliances including a 3 door refrigerator, washer, and dryer. Jasmine Heights is minutes from I-10 and Grand Parkway 99 - in an excellent location! Schedule your private showing today!

Investor Tools

Property Icon
$360,000
Estimated Property Value
$248,010Estimated Mortgage Balance
$111,990Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$618/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,621
$312,583
2025
$50,505
$262,078
$312,583
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,621
$312,583

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$267,592
No
First
Jun 27, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,010
$64,573
20%
69%
$1,605/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$1,605/mo
+$1,175/mo
9.3%

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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5323 Cherry Tallow Trl | Property Details | No Agent List