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$303,265

NAL Estimated Property Value

5515 Iris Crest Court, Katy, TX, 77449

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,780 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.31 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Water Softener, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Laminate

Exterior

Lot Size6,107 sqft

Building Information

Year Built2018
Garage Spaces1

Land Information

APN1390190040003
Lot Number3
Land UseResidential
Legal DescriptionLT 3 BLK 4 JASMINE HEIGHTS SEC 8
Census Tract542203
Assessed Land Value$51,715
Assessed Improvement Value$251,550
Assessment Year2025

About this property

Discover the perfect blend of comfort & style in this one story, 4-bedroom, 2-bath brick home nestled on a peaceful cul-de-sac. Step inside to find wood laminate flooring throughout the main living area, creating a warm & inviting atmosphere. The open concept design seamlessly connects the kitchen to the living room, making it ideal for gatherings. The heart of the home features a large island with a breakfast bar, stainless steel appliances, & a convenient walk-in pantry. The primary suite is a true retreat, boasting a spacious walk-in closet & an ensuite bathroom with double sinks, a jetted tub, and a separate shower. Outside, a generously sized backyard awaits, providing endless opportunities for outdoor enjoyment. Relax on the covered back patio & savor the tranquility of your private oasis. This home also offers a water softener system and tankless water heater. NE facing & zoned to Cy-Fair ISD! Close to shopping, restaurants & more! FRIDGE, WASHER, DRYER,& TV INCLUDED!

Investor Tools

Property Icon
$303,265
Estimated Property Value
$281,166Estimated Mortgage Balance
$22,099Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,851 /month
Positive
Cash Flow Estimate:
$617 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
$320/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,844
$303,265
2025
$51,715
$251,550
$303,265
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,844
$303,265

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Lending Llc
Conventional
$293,075
No
First
Feb 23, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,166
$22,099
7%
93%
$1,758/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$2,078/mo
+$702/mo
11.0%

City: Katy

5515 Iris Crest Court | Property Details | No Agent List