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$388,962

1938 Boren Dr, Katy, TX, 77493

Off Market

4 Beds

4 Bath

3,015 Sq Ft

$125.34 / sqft

Built in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size6,630 sqft

Building Information

Year Built2010

Garage Spaces2

Land Information

APN1293670040017

Lot Number17

SubdivisionLakecrest

Land UseResidential

Legal DescriptionLT 17 BLK 4 LAKECREST SEC 12

Census Tract542600

Assessed Land Value$56,793

Assessed Improvement Value$332,169

Assessment Year2025

About this property

4 Bed/3.5 Bath with Quality Upgrades! Beautiful laminate wood flooring! Dramatic 18' entry, Formal Dining, Inviting Chef's Kitchen with New Grand Size Majestic Calacatta Quartz, Porcelain Tile Back Splash, under mount SS sink and appliances, walk-in pantry.Downstairs Primary Suite Bathroom w/whirlpool jets and separate shower, New Carrera White Stone Counter,double sinks, walk-in closet.Huge flexible upstairs Game Room w/central access to 3 spacious Bedrooms and 2 more upstairs Full Baths. Oversized two level paved Flagstone covered Patio.Energy saving Tech Shield and Thermal Sheathing,Double pane windows,2 AC units, 2 water heaters, Sprinkler System, SECURITY CAMERAS WITH DVR Full house Water Filtration System, Custom Gas Assist fireplace.EZ Access to 99, I-10 and Energy Corridor(FRESHLY PAINTED, NEW MIRRORS, NEW MICROWAVE, LANDSCAPING,NEW KITCHEN COUNTERS AND BACK SPLASH,NEW BATHROOM COUNTERS & SINKS, NEW HOT WATER HEATERS,LOTS OF STORAGE SPACE ABOVE THE GARAGE.READY FOR NEW BUYERS!

Investor Tools

$388,962

Estimated Property Value

$235,000Estimated Mortgage Balance

$158,452Estimated Equity

40% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,334 /month

Positive

Cash Flow Estimate:

$778 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$751/month

$550/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,069

$388,962

2025

$56,793

$332,169

$388,962

Tax History

Year

Tax Paid

Assessed Value

2024

$7,069

$388,962

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas Dow Employees Cu

Conventional

$235,000

First

Apr 11, 2025

May 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$230,510

$158,452

40%

59%

$1,409/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

$1,959/mo

+$921/mo

8.9%

Learn About the Market: Opportunity in Texas

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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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