6view

Owner Contacts

$1,196,000

NAL Estimated Property Value

5807 George Bush Dr, Katy, TX, 77493

Off Market

3 Beds

3 Bath

5,151 Sq Ft

$252.38 / sqft

Built in 1953

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer

FlooringBrick, Tile, Wood

Exterior

Lot Size37,501 sqft

Building Information

Year Built1953

Stories1

Garage Spaces4

Land Information

APN0220270000007

Lot Number7-12

SubdivisionKaty Town

Land UseResidential

Legal DescriptionLTS 7 THRU 12 BLK 26 KATY TOWN

Census Tract542700

Assessed Land Value$450,000

Assessed Improvement Value$578,367

Assessment Year2025

About this property

Beautiful one-story ranch home - circa 1953 - is located on one-half city block in old Katy. Lot is 37,500 sq. ft. Fabulous live oaks create awe-inspiring presence to home & grounds - also providing shade & beauty to the property. Home is one of a kind with spacious rooms and layout, good storage. Recently updated kitchen & baths. Whole house replumbed and rewired - COK inspections. Home is handicap accessible. Large back room with kitchenette can act as quarters for guests/staff or possible office space. Large back patio is screened in for mosquito free entertaining. 12x12 backyard shed for storing tools/garden equipment. Plantation shutters in front of home. Pretty mature landscaping. Large garage and extra parking available. Home is grandfathered in as residential, but location allows for C1 (commercial) use. Many possibilities for this beautiful home/location. Located across street from Katy Elementary & in close proximity to VFW park, downtown venues, parks. No HOA or MUD tax.

Investor Tools

$1,196,000

Estimated Property Value

$820,427Estimated Mortgage Balance

$375,573Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,800 /month

Positive

Cash Flow Estimate:

$2,600 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$2,342/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$22,118

$1,028,367

2025

$450,000

$578,367

$1,028,367

Tax History

Year

Tax Paid

Assessed Value

2024

$22,118

$1,028,367

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Financing Corp

Unknown

$824,000

First

Feb 26, 2026

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$820,427

$374,573

31%

69%

$4,941/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$4,941/mo

$-2,711/mo

2.2%

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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.

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