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$299,900

5441 Princeton Dr, Katy, TX, 77493

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,152 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.36 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size7,022 sqft

Building Information

Year Built1993
Stories2
Garage Spaces1

Land Information

APN1139020170001
Lot Number1
SubdivisionTown Park
Land UseResidential
Legal DescriptionLT 1 BLK 17 TOWN PARK SEC 1
Census Tract542800
Assessed Land Value$55,296
Assessed Improvement Value$222,845
Assessment Year2025

About this property

Beautiful home located in the Town Park community and zoned to the sought-after Katy High School. Situated on a quiet corner lot, with no back neighbors, perfect for everyday living and entertaining. The kitchen features plenty of counter space and storage. Downstairs includes a spacious den, breakfast nook and formal dining room, while upstairs offers a spacious game room with gas log fireplace perfect for a second living area or media space. Enjoy the generously sized backyard with a covered pergola, creating the perfect outdoor retreat. Conveniently located near Katy Mills Mall with endless shopping, dining, entertainment, parks, and easy access to I-10 and Grand Parkway 99. Room dimensions are approximate, buyer to verify.

Investor Tools

Property Icon
$278,141
Estimated Property Value
$226,000Estimated Mortgage Balance
$56,459Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

Interested in this property?

Alyssa Ancira

Better Homes and Gardens Real Estate Gary Greene - Katy

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$445/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,951
$278,141
2025
$55,296
$222,845
$278,141
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,951
$278,141

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$226,000
No
First
Jul 3, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,682
$56,459
20%
80%
$1,355/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,655/mo
+$575/mo
9.6%

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.

Explore Texas Explore This Area
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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5441 Princeton Dr | Property Details | No Agent List