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$459,000

NAL Estimated Property Value

5972 Whispering Lakes Dr, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,527 Sq Ft
price_per_sqft$158.29 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher, Refrigerator

Building Information

Year Built2002
Stories2
Garage Spaces2

Land Information

APN938901-002-019-000
Lot Number19
SubdivisionWhispering Lakes Replat
Land UseResidential
Legal DescriptionS938901 WHISPERING LAKES (REPLAT) BLK 2 LOT 19
Census Tract680100
Assessed Land Value$90,000
Assessed Improvement Value$245,550
Assessment Year2025

About this property

An extremely rare opportunity to purchase a home with a private lakefront view in one of Katy's most serene and convenient neighborhoods - Whispering Lakes! Located on the corner of the lake, this open-concept and updated home offers beautiful wood-look tile flooring, on-trend fixtures, and situated on one of the neighborhoods largest lots! Perfect for entertaining, the kitchen overlooks the living area and features an island, stainless steel appliances, and tons of storage. Enjoy evening sunsets across the lake from the spacious primary suite, located at the back of the home with an abundance of natural light. The ensuite bath features a standalone glass shower, spacious closet, and a separate soaking tub. As an added bonus, the second floor features a landing area/flex space that can be used as a game room or media room! Refrigerator included!

Investor Tools

Property Icon
$459,000
Estimated Property Value
$353,313Estimated Mortgage Balance
$105,687Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,754 /month
Positive
Cash Flow Estimate:
$918 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
$785/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,547
$335,550
2025
$90,000
$245,550
$335,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,547
$335,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Trade
$378,480
No
First
Oct 19, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$353,313
$115,687
24%
77%
$2,270/mo

Learn About the Market: Opportunity in Texas

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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.

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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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5972 Whispering Lakes Dr | Property Details | No Agent List