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$357,704

NAL Estimated Property Value

802 Sierra Lake Dr, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.81 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Cooktop
FlooringCarpet, Concrete, Laminate, Tile

Exterior

Lot Size11,696 sqft

Building Information

Year Built1991
Stories2
Garage Spaces2

Land Information

APN1130280360040
Lot Number40
SubdivisionCimarron
Land UseResidential
Legal DescriptionLT 40 BLK 36 CIMARRON SEC 9 R/P
Census Tract455102
Assessed Land Value$73,796
Assessed Improvement Value$283,908
Assessment Year2025

About this property

One of largest homes on one of the largest cul-de-sac lots in Cimarron! House on the tax records for $354,000. Seller requests NO SHOWINGS Today Thru 11/29. RESUME SHOWINGS ON 11/30. We have an independent appraisal of $315,000 in "as is" condition. Nice floorplan. Big eat-in, island kitchen on the front with Bead-board wainscoating, Flat, glass electric cook-top but also piped for gas. Decorative tile backsplash, granite counters, incl.windowsill. Living and formal dining are open to each other . FP in living room. Crown moulding in Living and dining. Living room has a raised ceiling. 3/4 glass back door leads out to covered back porch. Master down has a raised ceiling, walk-in closet. Master bath has double sinks, soaking tub, separate shower and linen closet. Utility room has one brick wall and the others are beadboard. Gas and elecdtric dryer connections. 3 bedrms and gamerm up. Carpet up. Entry, stairs and main downstairs areas are Laminate, which needs some repair. Needs TLC!

Investor Tools

Property Icon
$357,704
Estimated Property Value
$196,197Estimated Mortgage Balance
$161,507Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,146 /month
Positive
Cash Flow Estimate:
$715 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$511/month
$558/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,341
$357,704
2025
$73,796
$283,908
$357,704
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,341
$357,704

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Mutual Savings Bank
Fha
$219,942
Yes
First
Oct 9, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,197
$161,507
45%
55%
$1,319/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$1,877/mo
+$953/mo
9.5%

City: Katy

802 Sierra Lake Dr | Property Details | No Agent List