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$2,199

$2,395

5503 Casa Mila Dr, Katy, TX, 77449

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths2,016 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.09 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Refrigerator, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size4,029 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1381500010009
Lot Number9
Land UseResidential
Legal DescriptionLT 9 BLK 1 PLANTATION LAKES SEC 24
Census Tract542105
Assessed Land Value$54,455
Assessed Improvement Value$228,070
Assessment Year2025

About this property

This spectacular 2 story home with great design elements and functional family space is located in a wide cul-de-sac lot with no side neighbors and a greenbelt. Entering this beautiful home, natural light filters in the high ceiling with laminate wood flooring and spindle wrought-iron stair case. The dining area opens to the gorgeous kitchen which has an island, granite countertops, 42" cabinets, and refrigerator included. Spacious primary bedroom is on the 1st floor with laminate flooring and a bathroom with dual vanities, separate tub/shower & large walk-in closet. Up the stairs are 3 additional bedrooms with laminate flooring as well & a full bath with double-sinks. Walkable distance to the elementary & middle school and conveniently located close to shopping, dining and major roads.

Investor Tools

$123,360Estimated Mortgage Balance
$159,165Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,695 /month
Positive
Cash Flow Estimate:
$565 /month

Interested in this property?

Danielle Nguyen

5th Stream Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,092
$282,525
2025
$54,455
$228,070
$282,525
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,092
$282,525

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$140,000
No
First
Jun 12, 2020
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,360
$159,165
56%
44%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$840/mo
+$1,940/mo
11.8%

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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5503 Casa Mila Dr | Property Details | No Agent List