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$282,650

NAL Estimated Property Value

1033 Texas Timbers Drive, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,621 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.14 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher
FlooringCarpet, Vinyl

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APN491900-001-008-000
Lot Number8
SubdivisionFreeman Ranch 1
Land UseResidential
Legal DescriptionS491900 FREEMAN RANCH 1 BLK 1 LOT 8
Census Tract680100
Assessed Land Value$30,000
Assessed Improvement Value$252,650
Assessment Year2025

About this property

Welcome to this charming single-story home located in the desirable Freeman Ranch community in Katy. This well-maintained property offers 3 bedrooms and 2 full bathrooms with comfortable living space. The inviting open layout connects the living, dining, and kitchen areas, creating a warm and functional space ideal for everyday living and entertaining. The kitchen features ample cabinetry and counter space, perfect for preparing meals and gathering with family. The spacious primary suite includes a private bath and generous closet space. Secondary bedrooms are well sized and versatile for guests, family, or a home office. Enjoy a private backyard with room to relax or entertain. Conveniently located near major roads, shopping, dining, and schools, this home offers comfort, convenience, and a welcoming neighborhood atmosphere in Katy.

Investor Tools

Property Icon
$282,650
Estimated Property Value
$168,447Estimated Mortgage Balance
$114,203Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,696 /month
Positive
Cash Flow Estimate:
$565 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$118/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$282,650
2025
$30,000
$252,650
$282,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$282,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bay Cu
Conventional
$189,600
No
First
Aug 3, 2020
Sep 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,447
$114,203
40%
60%
$1,137/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.

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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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1033 Texas Timbers Drive | Property Details | No Agent List