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$293,000

NAL Estimated Property Value

1211 Three Forks Dr, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,796 Sq Ft
price_per_sqft$161.47 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven
FlooringTile

Exterior

Lot Size6,826 sqft

Building Information

Year Built1985
Garage Spaces2

Land Information

APN1157210070022
Lot Number22
SubdivisionCreekstone
Land UseResidential
Legal DescriptionLT 22 BLK 7 CREEKSTONE SEC 3
Census Tract455103
Assessed Land Value$68,591
Assessed Improvement Value$209,219
Assessment Year2025

About this property

Welcome to your beautifully maintained single-story home in the heart of Katy, TX, located in the highly desirable Creekstone community. 4-bedroom, 2-bath residence features a bright, open layout and tile floor throughout! Kitchen features quartz countertops with updated cabinets, 5 burner gas stove, built-in microwave and under-mount sink! The kitchen flows into the dining area and living room. Large picture windows, vaulted ceilings and cozy fireplace make for the perfect space to call home. Primary bathroom with walk in shower and granite counter tops. Spacious backyard, in ground sprinklers, shed with power and covered patio, a wonderful retreat after a busy day. Recently replaced roof, AC and Hot Water Heater. Neighborhood amenities including a pool, playground, and tennis courts. Zoned to top-rated Katy ISD schools and conveniently close to shopping, dining, and major highways, this home offers the ideal blend of comfort, community, and convenience.

Investor Tools

Property Icon
$293,000
Estimated Property Value
$283,235Estimated Mortgage Balance
$9,765Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
$460/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,431
$277,810
2025
$68,591
$209,219
$277,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,431
$277,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$286,150
No
First
Oct 28, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,235
$9,765
3%
97%
$1,716/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$2,176/mo
+$14/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.

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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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1211 Three Forks Dr | Property Details | No Agent List