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$224,000

NAL Estimated Property Value

6147 Settlers Square Lane, Katy, TX, 77449

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,340 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.18 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Free-Standing Range, Dishwasher, Oven
FlooringCarpet, Vinyl

Exterior

Lot Size2,548 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1236620010023
Lot Number23
SubdivisionLakeville
Land UseResidential
Legal DescriptionLT 23 BLK 1 LAKEVILLE SEC 1
Census Tract542201
Assessed Land Value$39,451
Assessed Improvement Value$164,249
Assessment Year2025

About this property

MUST SEE this tastefully updated home located in the quaint neighborhood of Lakeville! ** UPDATES include new ROOF (with warranty), furnace, thermostat, vinyl plank flooring (down), carpet (up), new garage door opener and disposal, recently updated stainless gas stove and dishwasher, interior paint, bathroom counter tops, light fixtures & sinks (up), toilets, ceiling fans and baseboards (down). Recently power washed with fresh landscaping. **Exterior trim/siding and paint to be completed 2/6** Lakeville provides easy access to major highways and surrounded by restaurants, grocery stores and shopping. Zoned to CFISD this MOVE-IN ready house is ready to become your home!

Investor Tools

Property Icon
$224,000
Estimated Property Value
$196,702Estimated Mortgage Balance
$27,298Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
$580/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,251
$203,700
2025
$39,451
$164,249
$203,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,251
$203,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
T2 Financial Llc
Conventional
$213,400
No
First
Mar 4, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,702
$27,298
12%
88%
$1,280/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,860/mo
+$290/mo
11.5%

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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6147 Settlers Square Lane | Property Details | No Agent List