806 Cascade Creek Dr, Katy, TX 77450
Analyzed
Call Notes
Seller
NameRobert Long
Phone(281) 392-8333
EmailBarber1rwlong@yahoo.com
Timelineflexible
Reason for sellingother
Legal owner statusyes-owner
Property
Typesingle-family
Conditiongood
CountyHarris
Valuation
ARV$275,000
Equity$275,000 (100.0%)
Mortgage balance (est.)$0 / free & clear
Monthly mortgage payment—
Monthly HOA$88
Original loan amount$0
Involuntary liensNone found
Owner of recordLONG ROBERT W
Owner match✓ Matches lead
Mortgage balance is PropStream's amortization estimate from the original loan's recorded terms — not a live servicer balance. It won't reflect a refinance, cash-out, or ARM rate reset since origination; verify with the seller directly when it matters.
Maximum Allowable Offer (% of ARV)
70%$192,500
60%$165,000
50%$137,500
Pitch the Offer
ARV$
Market discount%−$41,250
Realtor fee%−$16,500
Closing costs%−$11,000
Rehab reserve$
Interest rate%$0 / 6mo
Insurance (annual, % of ARV)%−$1,375 / 6mo
Annual property taxes$−$2,999 / 6mo
Net before mortgage payoff$196,377
Mortgage payoff$defaults to the seller-reported balance above, or PropStream's estimate if none is set
Net offer$196,377
Every number above is editable — type over any default and Net Offer recalculates instantly; click Save pitch numbers to keep your edits for next time. The 6-mo carry cost charges interest only, not principal — the mortgage payoff already accounts for the principal, so charging 6 months of principal reduction on top of that would double-count it.