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$297,000

NAL Estimated Property Value

1331 Three Forks Dr, Katy, TX, 77450

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths2 Bath
Baths2,050 Sq Ft
price_per_sqft$0.84 / sqft
Year BuiltBuilt in 1985

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,299 sqft

Building Information

Year Built1985
Garage Spaces2

Land Information

APN1157210070009
Lot Number9
SubdivisionCreekstone
Land UseResidential
Legal DescriptionLT 9 BLK 7 CREEKSTONE SEC 3
Census Tract455103
Assessed Land Value$67,473
Assessed Improvement Value$214,099
Assessment Year2025

About this property

This Katy beauty has great curb appeal! The kitchen boasts a dining area and custom cabinetry, and flows easily into the adjacent vaulted great room, which has a brick fireplace that reaches the ceiling. In the master bedroom, you'll find an en suite with an oversized tub and separate shower. You'll fall in love with the patio in the backyard, where you can relax, entertain or just enjoy a cup of coffee!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$536/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,943
$281,572
2025
$67,473
$214,099
$281,572
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,943
$281,572

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Royal Bank Of Canada
Commercial
$789,891,000
No
First
Apr 20, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$729,421,069
N/A
0%
245596%
$4,735,796/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$4,735,796/mo
$-4,732,966/mo
11.4%

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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1331 Three Forks Dr | Property Details | No Agent List