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$589,000

NAL Estimated Property Value

6218 Verde Place Lane, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,430 Sq Ft
price_per_sqft$119.53 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Convection Oven, Double Oven, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size9,466 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1368310010006
Lot Number6
Land UseResidential
Legal DescriptionLT 6 BLK 1 FALLS AT GREEN MEADOWS SEC 4
Census Tract680100
Assessed Land Value$79,489
Assessed Improvement Value$466,062
Assessment Year2025

About this property

A wonderful opportunity to make this Lennar 1.5 story home in the Falls at Green Meadows yours! This gorgeous home has eye-catching exterior elevation with stone, complementary brick & wooden shutters. Enjoy an open floor plan with wood floors & 5" baseboards throughout the first-floor living area. Crown molding, vaulted ceilings, rubbed bronze fixtures gas fireplace, & wall of windows overlooking the lake make this an exceptional place to live. Two dining areas, study, 2 secondary bedrooms, & master retreat complete the first floor. Game, media, and full bathroom are upstairs - convert one of the spaces into a 4th bedroom suite! Luxury kitchen includes stainless appliances, granite counters, 42" crisp white cabinets & pendant lighting. Relax & unwind in your private master retreat with jetted garden tub, separate shower and walk-in closet. Enjoy your water view & the feeling of privacy from mature trees in your large backyard! Zoned to acclaimed Katy Elem/Katy JH/Katy HS!

Investor Tools

Property Icon
$589,000
Estimated Property Value
$250,288Estimated Mortgage Balance
$338,712Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$0
$545,551
2025
$79,489
$466,062
$545,551
No

Tax History

Year
Tax Paid
Assessed Value
2024
$0
$545,551

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Universal American Mortgage Co
Conventional
$314,289
No
First
Sep 23, 2016
Oct 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,288
$338,712
57%
42%
$1,885/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,985/mo
$-105/mo
5.9%

City: Katy

6218 Verde Place Lane | Property Details | No Agent List