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$372,375

1334 Caravelle Ct, Katy, TX, 77494

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,094 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.92 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size5,741 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2960-02-001-0170-914
Lot Number17
SubdivisionFalcon Point Sec 2
Land UseResidential
Legal DescriptionFALCON POINT SEC 2, BLOCK 1, LOT 17
Census Tract673103
Assessed Land Value$46,800
Assessed Improvement Value$325,575
Assessment Year2025

About this property

Welcome to 1334 Caravelle Court, a charming home in the desirable gated section of the golf course community of Falcon Point! The inviting entryway sets the tone with soaring ceilings, neutral tile floors, and tasteful decorator paint. The spacious living room features a striking fireplace, custom built-ins, and a wall of floor-to-ceiling windows that flood the space with natural light. The open-concept kitchen is perfect for entertaining, with stainless steel appliances, granite countertops, w/ large breakfast bar. The serene primary suite boasts high ceilings, along with an ensuite bath featuring a soaking tub, walk-in shower, & dual sinks. Other highlights include private study, dining room, two secondary bedrooms, a full bathroom with dual sinks. Enjoy a private backyard retreat with a paver patio, green space, and mature landscaping—perfect for relaxation and play. Zoned to the highly acclaimed Katy ISD with easy access to 99 and I-10. Roof replaced 05/31/2024. Schedule today!

Investor Tools

Property Icon
$372,375
Estimated Property Value
$0Estimated Mortgage Balance
$372,375Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,234 /month
Positive
Cash Flow Estimate:
$745 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
$1,115/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,138
$372,375
2025
$46,800
$325,575
$372,375
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,138
$372,375

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$372,375
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,115/mo
+$1,465/mo
8.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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