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Days29Days on Market
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$289,900

1150 Red Rock Canyon Drive, Katy, TX, 77450

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,010 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.23 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size6,961 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN1120470000014
Lot Number14
SubdivisionCimarron
Land UseResidential
Legal DescriptionLT 14 BLK 19 CIMARRON SEC 8 R/P
Census Tract455102
Assessed Land Value$69,059
Assessed Improvement Value$188,511
Assessment Year2025

About this property

Welcome home to this move-in ready three-bedroom, two-bathroom residence located in the established Cimarron neighbourhood. This home features an open floor plan that creates a seamless and airy feel, highlighted by tall ceilings in the living room and a cozy fireplace that serves as a beautiful centerpiece for the main living area. The functional kitchen is well-equipped for cooking and entertaining, boasting durable granite countertops and modern stainless steel appliances. Designed with comfort in mind, the primary bedroom includes a large walk-in closet providing ample storage space. The location is a standout, situated in a prime area with easy access to award-winning Katy ISD schools, diverse shopping, and local dining. Residents will also appreciate the easy commute and accessibility provided by nearby I-10 and TX-99. Schedule your private showing today!

Investor Tools

$0Estimated Mortgage Balance
$292,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

Interested in this property?

Lynette Thomas

Entera Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
$558/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,934
$257,570
2025
$69,059
$188,511
$257,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,934
$257,570

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$292,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$558/mo
+$1,632/mo
9.0%

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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1150 Red Rock Canyon Drive | Property Details | No Agent List