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$374,000

6018 Gracys Landing Ln, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,391 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.09 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size6,050 sqft

Building Information

Year Built2012
Roof Type105
Garage Spaces2

Land Information

APN9305-08-001-0590-914
Lot Number59
SubdivisionWestheimer Lakes North Sec 8
Land UseResidential
Legal DescriptionWESTHEIMER LAKES NORTH SEC 8, BLOCK 1, LOT 59
Census Tract673109
Assessed Land Value$61,100
Assessed Improvement Value$298,479
Assessment Year2025

About this property

Welcome to this charming 4-bedroom, 2.1-bathroom home in The first floor features a formal dining room, kitchen, breakfast area, family room, and the primary ensuite for convenient living. Upstairs, you’ll find three additional bedrooms along with a spacious game room, perfect for entertainment or relaxation. Zone to Katy ISD and school bus stop by community. The house will be freshly painted by the seller soon.

Investor Tools

Property Icon
$374,000
Estimated Property Value
$150,700Estimated Mortgage Balance
$240,386Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,268 /month
Positive
Cash Flow Estimate:
$756 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
$881/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,014
$359,579
2025
$61,100
$298,479
$359,579
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,014
$359,579

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top One Mortgage
Conventional
$150,700
No
First
Jul 20, 2020
Aug 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,614
$240,386
64%
36%
$904/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,785/mo
+$1,555/mo
10.7%

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.

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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6018 Gracys Landing Ln | Property Details | No Agent List