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$553,000

1103 Penny Ranch Ln, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,198 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$86.95 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Electric Oven, ENERGY STAR Qualified Appliances
FlooringCarpet, Tile

Exterior

Lot Size14,438 sqft

Building Information

Year Built2014
Roof Type105
Garage Spaces2

Land Information

APN1136-03-001-0120-914
Lot Number12
SubdivisionAnserra Sec 3
Land UseResidential
Legal DescriptionANSERRA SEC 3, BLOCK 1, LOT 12
Census Tract673201
Assessed Land Value$104,587
Assessed Improvement Value$407,674
Assessment Year2025

About this property

Spacious 2 story home on large cup-de-sac lot. Formal living and dining plus study with French doors! Downstairs family room with high ceilings over looks big backyard and is open to island kitchen and breakfast area. Stainless steel appliances, gas cooktop, double oven and microwave hood combination. Upgraded 42 in birch cabinets with tile backsplash and Silestone counters. Downstairs master bedroom with extended vanities in master bath. Wrought iron stair rail leads upstairs to large game room and three secondary bedrooms. One of the upstairs secondary bedrooms could be used as a second master.

Investor Tools

Property Icon
$553,000
Estimated Property Value
$270,000Estimated Mortgage Balance
$144,838Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,318 /month
Positive
Cash Flow Estimate:
$1,106 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$754/month
$965/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,280
$512,261
2025
$104,587
$407,674
$512,261
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,280
$512,261

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$270,000
No
First
Apr 20, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$408,162
$129,838
24%
74%
$2,663/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,628/mo
$-288/mo
7.2%

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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1103 Penny Ranch Ln | Property Details | No Agent List