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$349,000

6807 Northchester Drive, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,020 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.92 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

BankruptcyPre-ForeclosureHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,370 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN1397770010048
Lot Number48
Land UseResidential
Legal DescriptionLT 48 BLK 1 KATY LAKES SEC 1
Census Tract542902
Assessed Land Value$75,307
Assessed Improvement Value$231,310
Assessment Year2025

About this property

Sprawling 1 Story Gehan "Laurel" plan perfectly located in desirable Katy Lakes. Entry with grand rotunda, high ceiling and neutral tile floors that continue into the Kitchen and Breakfast Area. Kitchen offers 42" soft gray cabinets, granite countertops, stainless appliances, gas range and central island. Great open floorplan, Cozy Family Room, Large Formal Dining, plus Study/GameRoom/Flex Room. Spacious Owners Retreat with extended Sitting Area, Walk-In Closet, Dual Sinks, Soaking Tub, and Separate Shower. Great size Secondary Bedrooms. Covered Patio, Pool-size Backyard and Abundant Energy Features. Just steps from the community Pool, Park, Splash Pad, and Lakes. Katy ISD Schools! Great home potential with a little TLC. Welcome Home!

Investor Tools

Property Icon
$349,000
Estimated Property Value
$0Estimated Mortgage Balance
$349,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,726
$306,617
2025
$75,307
$231,310
$306,617
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,726
$306,617

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$349,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$800/mo
+$1,430/mo
7.7%

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.

Explore Texas Explore This Area
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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6807 Northchester Drive | Property Details | No Agent List