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$309,000

1206 Red Rock Canyon Dr, Katy, TX, 77450

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,680 Sq Ft
price_per_sqft$183.93 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile

Exterior

Lot Size7,523 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1120520000004
Lot Number4
SubdivisionCimarron
Land UseResidential
Legal DescriptionLT 4 BLK 33 CIMARRON SEC 8 R/P
Census Tract455102
Assessed Land Value$69,622
Assessed Improvement Value$200,123
Assessment Year2025

About this property

PRICE ENHANCEMENT - Welcome to 1206 Red Rock Canyon Drive, a beautifully updated one-story home in the established Cimarron community of Katy, TX 77450. This 3-bedroom, 2-bath home offers 1,680 square feet on a 7,522-square-foot lot with wood-look tile throughout and no carpet. Large picture windows fill the home with natural light, while the living area features a welcoming fireplace and easy flow into the kitchen and dining spaces. The kitchen includes granite countertops, breakfast bar, gas cooktop, double oven, pantry and breakfast area. Both bathrooms have been updated, including a spacious primary bath with dual sinks, separate shower, soaking tub and skylight. The primary suite features a vaulted ceiling, bay window and recessed lighting. Outside, enjoy a fenced backyard, garden area and raised deck added in 2025. Formal dining, an attached 2-car garage, community pool, playground and tennis courts complete this move-in-ready Katy home.

Investor Tools

$279,125Estimated Mortgage Balance
$25,170Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

Interested in this property?

Brad Countryman

Keller Williams Realty Southwest

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
$468/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,452
$269,745
2025
$69,622
$200,123
$269,745
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,452
$269,745

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Truity Fcu
Conventional
$285,000
No
First
Mar 14, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,125
$16,875
5%
92%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$2,177/mo
+$13/mo
8.7%

City: Katy