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$301,000

1154 Red Rock Canyon Dr, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,822 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.26 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Range, Dishwasher, Oven
FlooringLaminate, Tile

Exterior

Lot Size6,961 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1120470000015
Lot Number15
SubdivisionCimarron
Land UseResidential
Legal DescriptionLT 15 BLK 19 CIMARRON SEC 8 R/P
Census Tract455102
Assessed Land Value$69,059
Assessed Improvement Value$219,046
Assessment Year2025

About this property

Welcome Home to this new updated home featuring 3 bedroom, study/bedroom, Granite countertops, replaced ceiling fans, light fixtures, with recently installed stainless steel appliances. Hurry and make this home yours before its too late! Owner Financing available.

Investor Tools

Property Icon
$301,000
Estimated Property Value
$200,305Estimated Mortgage Balance
$122,320Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,806 /month
Positive
Cash Flow Estimate:
$602 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,428
$288,105
2025
$69,059
$219,046
$288,105
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,428
$288,105

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$200,305
Yes
First
Oct 1, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,680
$123,320
40%
59%
$1,201/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$1,701/mo
+$489/mo
8.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1154 Red Rock Canyon Dr | Property Details | No Agent List