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$258,504

NAL Estimated Property Value

6430 Richland Hills Dr, Katy, TX, 77494

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,397 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.27 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Lot Size4,950 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9305-01-003-0230-914
Lot Number23
SubdivisionWestheimer Lakes North Sec 1
Land UseResidential
Legal DescriptionWESTHEIMER LAKES NORTH SEC 1, BLOCK 3, LOT 23
Census Tract673109
Assessed Land Value$55,250
Assessed Improvement Value$203,254
Assessment Year2025

About this property

This charming 3-bedroom home boasts a spacious open floor plan, ideal for entertaining guests. The spacious kitchen features updated appliances. The master suite includes a walk-in closet and en-suite bathroom. Enjoy the private backyard oasis with a covered patio and large yard. Located in a desirable neighborhood with top-rated Katy ISD schools and convenient access to shopping and dining. Don't miss out on this fantastic opportunity to own a beautiful home in a great location!

Investor Tools

Property Icon
$258,504
Estimated Property Value
$179,878Estimated Mortgage Balance
$78,626Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$312/month
$881/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,446
$258,504
2025
$55,250
$203,254
$258,504
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,446
$258,504

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bridgeway Lending Partners Llc
Conventional
$182,000
No
First
Sep 30, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,878
$78,626
30%
70%
$1,092/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,973/mo
+$607/mo
12.0%

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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6430 Richland Hills Dr | Property Details | No Agent List