$247,000
NAL Estimated Property Value5323 King Richard Dr, Katy, TX, 77493
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
Exterior
Lot Size6,299 sqft
Building Information
Year Built1978
Stories1
Garage Spaces2
Land Information
APN1101360000011
Lot Number11
SubdivisionKatyland
Land UseResidential
Legal DescriptionLT 11 BLK 5 KATYLAND SEC 3
Census Tract542700
Assessed Land Value$64,575
Assessed Improvement Value$163,404
Assessment Year2025
About this property
Welcome to this beautifully maintained home in the heart of Katy! This charming property features a spacious and functional layout with abundant natural light, generous living areas, and a well-appointed kitchen perfect for everyday living and entertaining. The primary suite offers comfort and privacy, while the backyard provides plenty of space for relaxing or hosting gatherings. Conveniently located near major highways, shopping, dining, and highly rated Katy area schools. A wonderful opportunity to own a move-in ready home in a desirable neighborhood!
Investor Tools
$247,000
Estimated Property Value
$0Estimated Mortgage Balance
$247,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$206/month
$350/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,241
$227,979
2025
$64,575
$163,404
$227,979
Yes (2021)
Tax History
Year
Tax Paid
Assessed Value
2024
$1,241
$227,979
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$247,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$350/mo
+$1,880/mo
10.8%
