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$432,980

NAL Estimated Property Value

6711 Northchester Dr, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,236 Sq Ft
price_per_sqft$132.88 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances
FlooringCarpet, Tile

Exterior

Lot Size9,901 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1397770010055
Lot Number55
Land UseResidential
Legal DescriptionLT 55 BLK 1 KATY LAKES SEC 1
Census Tract542902
Assessed Land Value$77,965
Assessed Improvement Value$355,015
Assessment Year2025

About this property

Welcome to this gorgeous Gehan home in Katy Lakes subdivision and zoned to amazing Katy ISD. This is the perfect floorplan with everything you need: 4 spacious bedrooms, 3.5 bathrooms, a formal dining room & upstairs game room. The home features high celings Open living concept: spacious living room, open kitchen and breakfast area are ideal for entertaining with your loved ones. The great kitchen comes with nice lighting, granite countertops, and cabinets with tons of storage space. Wonderful principal bedroom Tub/Separate Shower and spacious walk-in closet. Great location with easy access to FM 529, Grand Parkway 99. This is the ideal place to call home. Call today for a showing appointment.

Investor Tools

Property Icon
$432,980
Estimated Property Value
$348,295Estimated Mortgage Balance
$84,685Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,598 /month
Positive
Cash Flow Estimate:
$866 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$664/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,809
$432,980
2025
$77,965
$355,015
$432,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,809
$432,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Lending Llc
Conventional
$354,000
No
First
Jun 3, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,295
$84,685
19%
80%
$2,123/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,073/mo
$-843/mo
6.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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6711 Northchester Dr | Property Details | No Agent List