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$282,000

NAL Estimated Property Value

1311 Valley Landing Drive, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,743 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.79 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

High 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 Range, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size6,251 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN1142380050014
Lot Number14
SubdivisionCreekstone
Land UseResidential
Legal DescriptionLT 14 BLK 5 CREEKSTONE SEC 1
Census Tract455103
Assessed Land Value$64,773
Assessed Improvement Value$182,346
Assessment Year2025

About this property

Conveniently located near the Energy Corridor, come see this recently remodeled 3 bedroom, 2 bath home including a fully enclosed sunroom, and 2 car garage, located in Creekstone, zoned to award-winning Katy ISD schools! Two sinks in the primary en-suite bathroom. Private patio located off the primary bedroom. Lots of updates: updated electrical panel; roof was replaced in 2022; new A/C compressor for the home, new A/C and Heater for the sunroom, new water heater, bathrooms completely remodeled (including new bathtubs/tile surround and new toilets), new paint throughout the house, new luxury vinyl plank flooring in the bedrooms, refreshed throughout; NO carpet in the house. House is move-in ready!

Investor Tools

Property Icon
$282,000
Estimated Property Value
$270,891Estimated Mortgage Balance
$11,109Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,692 /month
Positive
Cash Flow Estimate:
$564 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,386
$247,119
2025
$64,773
$182,346
$247,119
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,386
$247,119

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$276,892
Yes
First
Aug 15, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,891
$11,109
3%
96%
$1,711/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$2,151/mo
+$39/mo
9.3%

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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1311 Valley Landing Drive | Property Details | No Agent List