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$314,812

NAL Estimated Property Value

1046 Texas Timbers Dr, Katy, TX, 77493

Off MarketInfo
Beds5 Beds
Baths2,586 Sq Ft
price_per_sqft$154.29 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Garage AvailableGarage Available
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesBack Green Space

Building Information

Year Built2018
Stories2
Garage Spaces2

Land Information

APN491900-001-017-000
Lot Number17
SubdivisionFreeman Ranch 1
Land UseResidential
Legal DescriptionS491900 FREEMAN RANCH 1 BLK 1 LOT 17
Census Tract680100
Assessed Land Value$30,000
Assessed Improvement Value$284,812
Assessment Year2025

About this property

WATERFRONT, SOLAR PANELS (PAID OFF), 44 IN TOTAL, ELECTRIC BILL IS $35 on average. This 5 bedroom-2.5 bathroom home on a cul-de-sac features fruit trees, Updated ceramic tile, 5.5 inch floorboards throughout the main floors, and custom paint. The large secondary bedrooms have water and cul-de-sac views. Bedroom 3 has windows on both sides. Large closets and all rooms have remote control lighting and fan controls. LED lighting flows throughout the home. The kitchen features pendant lighting, plenty of granite countertop space, and custom tile backsplash. The custom hardware and chandeliers stay with the home. WHOLE HOUSE WATER FILTRATION system and reverse osmosis. Sprinkler systems installed in the front and back. Dog kennel can be removed before closing. Ring security system is completely paid for. Friendly neighborhood for a quiet family lifestyle.

Investor Tools

Property Icon
$314,812
Estimated Property Value
$210,412Estimated Mortgage Balance
$104,400Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
$372/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$314,812
2025
$30,000
$284,812
$314,812
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$314,812

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas First Bank
Commercial
$225,000
No
First
Nov 18, 2022
Feb 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,412
$104,400
33%
67%
$1,349/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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1046 Texas Timbers Dr | Property Details | No Agent List