$418,000
NAL Estimated Property Value7103 Cornflower Ln, Katy, TX, 77494
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave, Electric Cooktop, Electric Oven
FlooringCarpet, Laminate, Tile
Exterior
Lot Size6,215 sqft
Building Information
Year Built2005
Stories1
Roof Type105
Garage Spaces2
Land Information
APN6780-11-001-0240-914
Lot Number24
SubdivisionSeven Meadows Sec 11
Land UseResidential
Legal DescriptionSEVEN MEADOWS SEC 11, BLOCK 1, LOT 24
Census Tract673104
Assessed Land Value$68,900
Assessed Improvement Value$312,196
Assessment Year2025
Investor Tools
$418,000
Estimated Property Value
$225,380Estimated Mortgage Balance
$192,620Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,508 /month
Positive
Cash Flow Estimate:
$836 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$695/month
$1,200/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,247
$381,096
2025
$68,900
$312,196
$381,096
No
Tax History
Year
Tax Paid
Assessed Value
2025
$6,247
$381,096
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebridge Financial Services Inc
Fha
$255,781
Yes
First
Apr 22, 2020
May 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,380
$231,620
50%
54%
$1,534/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,734/mo
$-154/mo
7.4%
