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$284,711

NAL Estimated Property Value

5823 Prairie Chapel Rd, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,635 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.14 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,347 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1406760010005
Lot Number5
Land UseResidential
Legal DescriptionLT 5 BLK 1 KATY CROSSING SEC 5
Census Tract542902
Assessed Land Value$50,996
Assessed Improvement Value$233,715
Assessment Year2025

About this property

This charming 3 bedroom, 2 bathroom single story home in the Katy Crossing Community features a welcoming front porch and foyer, a family room, and a lovely kitchen which opens to breakfast room, leading to a covered rear patio. A utility room is located off the primary bedroom which features an en suite bathroom with a private toilet enclosure, standing shower, and a spacious walk-in primary closet. Vinyl wood-look floors in common spaces and carpet in all bedrooms, open concept kitchen with gray cabinets, tile backsplash, granite countertops, and stainless appliances. Everything is almost new. Washer, dryer and refrigerator are included!

Investor Tools

Property Icon
$284,711
Estimated Property Value
$137,325Estimated Mortgage Balance
$147,386Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,708 /month
Positive
Cash Flow Estimate:
$569 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$555/month
$663/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,233
$284,711
2025
$50,996
$233,715
$284,711
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,233
$284,711

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Solutions Of Colorado Llc
Commercial
$140,000
No
First
Apr 14, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,325
$147,386
51%
48%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,503/mo
+$727/mo
9.4%

City: Katy

5823 Prairie Chapel Rd | Property Details | No Agent List