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$298,157

NAL Estimated Property Value

1326 Valley Landing Drive, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,594 Sq Ft
price_per_sqft$144.23 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size6,268 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN1142380040021
Lot Number21
SubdivisionCreekstone
Land UseResidential
Legal DescriptionLT 21 BLK 4 CREEKSTONE SEC 1
Census Tract455103
Assessed Land Value$64,790
Assessed Improvement Value$233,367
Assessment Year2025

About this property

This home has just been painted inside and out! It has a lovely large den with fireplace and vaulted ceiling! Just installed 2 panel doors and hardware! Opens to the breakfast area/ kitchen with great windows all along the back to make it such a light and cheerful area! The master bathroom was just renovated with a new tub, toilet, and tile with a separate dressing area and large walk in closet! AC was replaced 7 years ago and has a transferrable warranty until 2024. New water heater 2/21. Stainless appliances in the kitchen. The backyard can be your paradise!...oversized backyard with large concrete patio and pergola! Fenced and spacious for your enjoyment! Here is your place to have your bar-b-que parties!! Zoned to award winning Katy ISD! So convenient to Mason, I-10, Grand Parkway, and the Energy Corridor! Located on a beautiful street... You can just move in and be home!!

Investor Tools

Property Icon
$298,157
Estimated Property Value
$163,750Estimated Mortgage Balance
$134,407Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,789 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$566/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,299
$298,157
2025
$64,790
$233,367
$298,157
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,299
$298,157

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$180,000
No
First
Aug 23, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,750
$134,407
45%
55%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$1,475/mo
+$715/mo
8.8%

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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