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$237,000

NAL Estimated Property Value

6242 Settlers Lake Cir E, Katy, TX, 77449

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size3,615 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1251580030008
Lot Number8
SubdivisionLakeville
Land UseResidential
Legal DescriptionLT 8 BLK 3 LAKEVILLE SEC 4
Census Tract542201
Assessed Land Value$41,134
Assessed Improvement Value$195,866
Assessment Year2025

About this property

Amazing location in the amazing community of Lakeville. This adorable 3 bedroom home or 2 bedroom plus a study includes a large family room plus secondary living or formal dining area. The home is an open concept with an island kitchen and gas cooking. Primary suite has a large walk-in closet with a primary bathroom featuring separate garden tub and stand alone shower. Completely fenced in backyard. In January 2023, owner replaced carpet, added new window blinds, new SS appliances and new washer/dryer. BRAND NEW PAINT! This is an amazing starter home or investment opportunity for a rental! Please contact listing agent for tour.

Investor Tools

Property Icon
$237,000
Estimated Property Value
$233,465Estimated Mortgage Balance
$3,535Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
$569/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,768
$237,000
2025
$41,134
$195,866
$237,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,768
$237,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$237,650
No
First
May 29, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,465
$3,535
1%
99%
$1,425/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,994/mo
+$156/mo
10.9%

City: Katy

6242 Settlers Lake Cir E | Property Details | No Agent List