$282,000
NAL Estimated Property Value735 Red Rock Canyon Dr, Katy, TX, 77450
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesElectric Range, Dryer, Refrigerator, Washer
FlooringCarpet, Tile
Exterior
Lot Size7,200 sqft
Building Information
Year Built1975
Stories1
Garage Spaces2
Land Information
APN1079590000004
Lot Number4
SubdivisionCimarron
Land UseResidential
Legal DescriptionLT 4 BLK 1 CIMARRON SEC 1 R/P
Census Tract455104
Assessed Land Value$72,000
Assessed Improvement Value$176,110
Assessment Year2025
About this property
Welcome to your new home! This beautiful home it's a perfect started home! 3 bed 2 bath 1 story home. Big backyard. Brand new roof April 2023. A/C and water heater are 4 years old. Washer, dryer and Refrigerator included!! Easy access to I-10 and 99. Highly desired Katy ISD schools. Close to plenty of restaurants and shops.
Investor Tools
$282,000
Estimated Property Value
$241,740Estimated Mortgage Balance
$40,260Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
$420/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,083
$248,110
2025
$72,000
$176,110
$248,110
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,083
$248,110
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Unknown
$255,375
No
First
Jun 9, 2023
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,740
$40,260
14%
86%
$1,532/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$1,952/mo
+$238/mo
9.3%
