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Owner Contacts

$312,000

NAL Estimated Property Value

5323 Garnetfield Ln, Katy, TX, 77494

Off Market

2 Beds

2 Bath

1,661 Sq Ft

Duplex

$126.37 / sqft

Built in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Ice Maker, Dryer, Refrigerator, Washer, Microwave, Electric Range, Electric Oven

FlooringCarpet, Tile

Exterior

Lot Size4,600 sqft

Building Information

Year Built2005

Stories1

Roof Type105

Garage Spaces2

Land Information

APN2290-27-003-0150-914

Lot Number15

SubdivisionCinco Ranch West Sec 27

Land UseResidential

Legal DescriptionCINCO RANCH WEST SEC 27, BLOCK 3, LOT 15

Census Tract673106

Assessed Land Value$54,600

Assessed Improvement Value$244,131

Assessment Year2025

About this property

Awesome duplex 2 BR 2 BA 2 car garage with study in highly sought after 55+ active adult community of Heritage Grand. The home has many upgrades Granite counter tops, crown molding, extra tall kitchen cabinets, Stainless steel appliances, covered patio, lots of natural light with 10 windows. Includes washer dryer and refrigerator. Lots of storage with entryway closet, linen closet, hallway storage closet with built in shelving, master walk in closet with built in shelves. Utility closet with room for full size washer and dryer. Homeowners will enjoy a clubhouse that has weekly coffee socials, weekly potluck and games night, craft shows, holiday parties, monthly breakfasts, community plays, travel club, library, computer room, fitness center with yoga and water aerobics. HOA dues include roof, exterior painting, property insurance, all front lawn maintenance, sprinkler system, home security system, cable/internet, and more. Fantastic duplex in a gated community.

Investor Tools

$312,000

Estimated Property Value

$114,310Estimated Mortgage Balance

$197,690Estimated Equity

62% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,872 /month

Positive

Cash Flow Estimate:

$624 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$224/month

$354/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,133

$298,731

2025

$54,600

$244,131

$298,731

Tax History

Year

Tax Paid

Assessed Value

2025

$1,133

$298,731

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranteed Rate Affinity Llc

Conventional

$130,000

First

Mar 6, 2020

Apr 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$114,310

$191,690

62%

37%

$780/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,960/mo

$1,134/mo

+$826/mo

7.5%

Learn About the Market: Opportunity in Texas

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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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