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$464,000

NAL Estimated Property Value

1302 Ventura Canyon Drive, Katy, TX, 77494

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,465 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.26 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,400 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2960-03-004-0050-914
Lot Number5
SubdivisionFalcon Point Sec 3
Land UseResidential
Legal DescriptionFALCON POINT SEC 3, BLOCK 4, LOT 5
Census Tract673103
Assessed Land Value$78,000
Assessed Improvement Value$359,567
Assessment Year2025

About this property

Welcome to 1302 Ventura Canyon, a beautifully updated home positioned on the 15th hole of The Club at Falcon Point golf course. This spacious 3-bedroom, 2.5-bath home offers the flexibility of a possible 4th bedroom, making it ideal for a home office, media room, or guest space. Inside, you’ll find a long list of recent renovations like fresh paint, new carpet, updated lighting, modern fixtures and more. The primary suite and dining area feature new engineered hardwood flooring, while new carpet adds comfort to the remaining spaces. The fully renovated primary bathroom is a standout, showcasing new cabinetry, countertops, mirrors, beautifully designed walk-in shower and even bigger walk-in closet. With a 3-car garage, there’s plenty of room for vehicles, storage, or a workshop setup. This home has a relaxing backyard with peaceful golf course views. This is a well-maintained, thoughtfully updated home with many community amenities to enjoy like pool, fitness center and racquet courts.

Investor Tools

Property Icon
$464,000
Estimated Property Value
$146,938Estimated Mortgage Balance
$317,062Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,814 /month
Positive
Cash Flow Estimate:
$938 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$789/month
$1,155/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,154
$437,567
2025
$78,000
$359,567
$437,567
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,154
$437,567

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$185,500
No
First
Aug 8, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,938
$317,062
68%
32%
$1,113/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,268/mo
+$1,072/mo
8.6%

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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1302 Ventura Canyon Drive | Property Details | No Agent List