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$2,350

$349,500

815 Osprey Pass, Katy, TX, 77494

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,984 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.18 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher, Oven, Refrigerator
FlooringLaminate

Exterior

Lot Size5,750 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1257960010023
Lot Number23
SubdivisionFalcon Rock
Land UseResidential
Legal DescriptionLT 23 BLK 1 FALCON ROCK SEC 1
Census Tract455300
Assessed Land Value$84,800
Assessed Improvement Value$234,020
Assessment Year2025

About this property

Welcome to this charming one-story home in Falcon Rock! This lovely property features 3 bedrooms, 2 full baths, a formal dining area, and a kitchen with a breakfast nook. Recently replaced New A/C, About 5-6 years old of roof, and water heater. New paint, recessed lights, cabinets, ceiling fans/light fixtures, quartz countertops, faucets, and mirrors and new blinds added. New stainless steel Gas Stove/Oven and built in microwave installed. Refrigerator included in rent and need to bring own washer & dryer. NO CARPET.

Investor Tools

$145,054Estimated Mortgage Balance
$174,052Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,913 /month
Positive
Cash Flow Estimate:
$638 /month

Interested in this property?

Saet Kim

CMK Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$612/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,750
$318,820
2025
$84,800
$234,020
$318,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,750
$318,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Savings Bank
Conventional
$161,000
No
First
May 28, 2021
Jun 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,054
$173,766
54%
45%
$966/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,266/mo
+$1,314/mo
9.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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815 Osprey Pass | Property Details | No Agent List