For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Bellmead 76705 Bellmead
3405 Katy Lane
$330,000
● House - Off Market

3405 Katy Lane

Waco, TX 76705
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,111 Ft²
$1,815
Est. Monthly
4.75%
Cap Rate

About This Property

Beautiful Home move in ready! Great view and peaceful setting.

Sales price includes both properties.

1#

28-24-0 (House) TOM MURPHYS KATY LOT 3 4 BLOCK 4 ACRES .32

#2

2.28-00-9 (Front Lot) TOM MURPHYS KATY LOT 1B 2 BLOCK 4 ACRES .3395
Unit Size
2,111 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$156
Property Type
House
Property Taxes
$194
HOA Dues
-
Year Built
1993

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (NTREIS #219149)

Price History

Date / Event Date Event Price
Nov 9, 2023 Listed by Mission Real Estate Group $330,000
Listed by Mission Real Estate Group

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 3
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 117
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,111
  • Gross Building Area: 2,111
  • Building Area: 2,111
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,111
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOM MURPHYS KATY
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: TOM MURPHYS KATY LOT 3 4 BLOCK 4 ACRES .32

Neighborhood

  • School District Name: La Vega Independent School District
  • Census Tract: 001700

Zoning

  • Zoning: R2

Geography

  • Parcel: 28-035001-002024-0
  • Block: 4
  • Lot: 3
  • Municipality: CITY OF BELLMEAD
  • Latitude: 31.5809
  • Longitude: -97.0981

    Address

  • Full Address: 3405 Katy Ln
  • Address - House Number: 3405
  • Address - Street Name: Katy
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Waco
  • Carrier Code: C007
  • 4-Digit Zip Code: 3340
  • Zip Code: 76705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $263,477
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 335,063
  • High Value: 395,679
  • Low Value: 274,447

    Market Valuation

  • Market Total Value: $130,000
  • Market Land Value: $8,710
  • Market Improvement Value: $121,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,000
  • Assessed Land Value: $8,710
  • Assessed Improvements Value: $121,290

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 28, 2014
  • Current Sale Recording Date: May 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 21
  • Current Sale Input Document Number: 18237
  • Previous Sale Recording Date: Jul 18, 2017
  • Previous Sale Contract Date: Jun 28, 2017
  • Previous Sale Amount: $38,800
  • Previous Sale Document Type: 40
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bellmead

Stats & Trends

Median Asking:

$199,900

Sale Price/ft²

$156

Below Asking

0.04%

Average Days on Market

74

Average Home Size

1438 ft²

Average Home Age

50.1 years

Currently For Sale

21 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 302 Cherry Street, Waco, TX, 76704

$1,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,176 ft²
302 Cherry Street, Waco, TX, 76704 Listing by Yazmin Garcia

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Angel Rincon-Chavez, Mission Real Estate Group
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 219149
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3405 Katy Lane built and last sold?
The property at 3405 Katy Lane was built in 1993 and last sold on Jan 28, 2014 for $131,300.
How much is this home worth?
The estimated value of the home located at 3405 Katy Lane is $0.
What are some comparable homes to 3405 Katy Lane?
There are currently no comparable homes to 3405 Katy Lane.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Bellmead Homes for Sale
Bellmead Houses for Sale
Bellmead Townhouses for Sale
Bellmead Multifamily for Sale
Bellmead Land for Sale
Bellmead Commercial for Sale
Bellmead Homes with Basements
Bellmead Homes with Pools
Nearby Cities
Lacy-Lakeview Homes for Sale
Beverly Hills Homes for Sale
Nearby Property Records
McLennan County, TX Property Records
Limestone County, TX Property Records
Falls County, TX Property Records
Hill County, TX Property Records
Bosque County, TX Property Records
Bell County, TX Property Records
Coryell County, TX Property Records
Ellis County, TX Property Records
Neighborhoods
North Waco Real Estate
Brookview Real Estate
Heart of Texas Real Estate
Oakwood Real Estate
Brook Oaks Real Estate
Carver Real Estate
Dean Highlands Real Estate
Lacy-Lakeview Real Estate
Nearby Counties
Waco Homes for Sale
Elm Mott Homes for Sale
Top Real Estate Agents
Top Agents in Bellmead
Top Agents in Waco
Top Agents in 76705
Top Agents in 76707
Top Agents in 76704
Top Agents in Elm Mott
Top Agents in North Waco
Top Agents in Brookview