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$285,035

NAL Estimated Property Value

5502 Fountain Arbor Ln, Katy, TX, 77449

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,351 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$97.62 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size10,385 sqft

Building Information

Year Built2011
Garage Spaces2

Land Information

APN1325560020005
Lot Number5
SubdivisionJasmine Heights
Land UseResidential
Legal DescriptionLT 5 BLK 2 JASMINE HEIGHTS SEC 3
Census Tract542203
Assessed Land Value$55,693
Assessed Improvement Value$229,342
Assessment Year2025

About this property

Charming 2 story, 4 bedroom, 2.5 bath home on a quiet cul-de-sac street. This lot is one of the largest in this neighborhood, over 10,000 square feet with no neighbors behind. Features an impressive open floor plan. Lovely breakfast area with direct access to the kitchen. The spacious master is located downstairs with ample storage and walk in closets. On the second level; three bedrooms with lots of natural light and a sizable game room that could be easily converted into a media room or study. Entertain family and friends in a beautifully manicured back yard that is perfect for hosting a barbecue or simply enjoying a quiet evening with a glass of wine. Walking distance to Eagle Ranch Park for running and biking trails as well as a children’s play area. Zoned to highly rated Cypress-Fairbanks ISD. Access to I-10, Highway 290, Highway 6 and Grand Parkway. This property has been well maintained by it’s original owner and HAS NEVER FLOODED. Come see this unique home in the heart of Katy!

Investor Tools

Property Icon
$285,035
Estimated Property Value
$194,938Estimated Mortgage Balance
$90,097Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
$320/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,682
$285,035
2025
$55,693
$229,342
$285,035
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,682
$285,035

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Conventional
$216,795
No
First
Feb 1, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,938
$90,097
31%
68%
$1,300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$1,620/mo
+$1,160/mo
11.7%

City: Katy

5502 Fountain Arbor Ln | Property Details | No Agent List