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$243,000

NAL Estimated Property Value

7218 Clover Chase Dr, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,150 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.61 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Laminate

Exterior

Lot Size5,388 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1465700050016
Lot Number16
Land UseResidential
Legal DescriptionLT 16 BLK 5 WINWARD SEC 11
Census Tract543100
Assessed Land Value$51,930
Assessed Improvement Value$180,140
Assessment Year2025

About this property

**NO MORE SHOWINGS. APPLICATION HAS BEEN ACCEPTED**Charming & Move-In Ready! This beautifully maintained one-story home is the gem you’ve been searching for! With a bright and open-concept floor plan, this home offers seamless flow between the living, dining and kitchen areas, perfect for entertaining or relaxing. The primary suite is a true retreat, featuring dual closets and an ensuite bathroom for added privacy. Two additional bedrooms and a full hallway bath provide comfortable accommodations for family or guests. In-house laundry room, with washer, dryer included. Refrigerator in kitchen also stays. The front yard features a sprinkler system for easy maintenance, while the backyard offers plenty of space for outdoor enjoyment. Don’t miss out on this well-kept, move-in-ready home—schedule a showing today!

Investor Tools

Property Icon
$243,000
Estimated Property Value
$177,953Estimated Mortgage Balance
$65,047Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,618
$232,070
2025
$51,930
$180,140
$232,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,618
$232,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$187,990
No
First
Jun 15, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,953
$67,047
27%
73%
$1,128/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,128/mo
+$1,102/mo
11.0%

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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7218 Clover Chase Dr | Property Details | No Agent List