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Days29Days on Market
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$249,900

$275,000

5449 Franz Rd, Katy, TX, 77493

On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths952 Sq Ft
price_per_sqft$262.5 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesDisposal, Convection Oven, Gas Oven, Trash Compactor, Microwave, Gas Range, Dishwasher
FlooringWood

Exterior

Lot Size7,937 sqft

Building Information

Year Built1956
Stories1
Garage Spaces2

Land Information

APN0220370000021
Lot Number11
SubdivisionKaty Outlots
Land UseResidential
Legal DescriptionTR 11E (62.5 FT X 127 FT LT 11) KATY OUTLOTS
Census Tract542700
Assessed Land Value$95,244
Assessed Improvement Value$117,724
Assessment Year2025

About this property

Come and see this lovely two-bedroom and one bath home located right across from the Katy Police Department and the Katy Library. Home was renovated in 2019 with complete plumbing and electrical work, AC, roof, siding, windows, sheet rock and insulation. Kitchen was also remodeled with brand new cabinets and countertops. Additional concrete work was also added. Come and see this cozy home located right in the heart of old Katy with no deed restrictions

Investor Tools

$83,533Estimated Mortgage Balance
$151,467Estimated Equity
64% 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

Interested in this property?

Rafael Landaverde

PROXY REALTY, INC.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,580
$212,968
2025
$95,244
$117,724
$212,968
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,580
$212,968

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$100,000
No
First
Jun 28, 2018
Jul 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$83,533
$151,467
64%
36%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$600/mo
+$1,090/mo
8.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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5449 Franz Rd | Property Details | No Agent List