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$356,412

NAL Estimated Property Value

6415 Faulkner Ridge Drive, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,172 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.4 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,394 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2276-01-003-0040-914
Lot Number4
SubdivisionCinco Ranch Southpark Sec 1
Land UseResidential
Legal DescriptionCINCO RANCH SOUTHPARK SEC 1, BLOCK 3, LOT 4
Census Tract673009
Assessed Land Value$49,400
Assessed Improvement Value$307,012
Assessment Year2025

About this property

Experience timeless design, vibrant living and contemporary features in this stunning 4 beds 2 baths in the heart of Cinco ranch Southpark neighborhood. This home offer: spacious open concept floors plan, formal living room , formal dining , custom kitchen with and island and large bedrooms. You will enjoy quality finishes and beautiful details combine to create a warm and welcoming place to call home. Call now to set up your private tour !

Investor Tools

Property Icon
$356,412
Estimated Property Value
$223,010Estimated Mortgage Balance
$133,402Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,138 /month
Positive
Cash Flow Estimate:
$713 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
$1,075/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,843
$356,412
2025
$49,400
$307,012
$356,412
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,843
$356,412

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Regions Bank
Conventional
$250,000
No
First
Oct 21, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,010
$133,402
37%
63%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$2,574/mo
+$256/mo
9.5%

City: Katy

6415 Faulkner Ridge Drive | Property Details | No Agent List