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$353,920

NAL Estimated Property Value

1018 Texas Timbers Drive, Katy, TX, 77493

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,586 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.57 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Building Information

Year Built2017
Stories2
Garage Spaces2

Land Information

APN491900-001-023-000
Lot Number23
SubdivisionFreeman Ranch 1
Land UseResidential
Legal DescriptionS491900 FREEMAN RANCH 1 BLK 1 LOT 23
Census Tract680100
Assessed Land Value$30,000
Assessed Improvement Value$323,920
Assessment Year2025

About this property

Welcome to this spacious two-story home located in Freeman Ranch! Featuring 5 generously sized bedrooms and 2.5 bathrooms, this property offers a functional layout designed for comfort and flexibility. The open-concept floor plan includes a bright family room, a downstairs primary suite, and designer flooring throughout the first floor. The kitchen showcases granite countertops, modern appliances, and ample cabinet space, ideal for everyday living and entertaining. Upstairs, enjoy a large game room along with four additional bedrooms to accommodate households of all sizes, guests, or work-from-home needs. Situated on an oversized 10,000+ sq ft lot, the backyard provides plenty of space to relax, play, and entertain under the covered patio. Built in 2017, this home combines space, storage, and convenience in a growing Katy community.

Investor Tools

Property Icon
$353,920
Estimated Property Value
$2,426,473Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,124 /month
Positive
Cash Flow Estimate:
$708 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$147/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$353,920
2025
$30,000
$323,920
$353,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$353,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Fha
$2,667,280
Yes
First
Aug 30, 2021
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,426,473
N/A
0%
686%
$15,992/mo

Learn About the Market: Opportunity in Texas

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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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1018 Texas Timbers Drive | Property Details | No Agent List