$553,000
1103 Penny Ranch Ln, Katy, TX, 77494
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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.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Katy
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