




$416,000
NAL Estimated Property Value1507 Drexel Dr, Katy, TX, 77493
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About this property
Beautifully updated home on oversized lot - large shady oak in front yard & even room to park your RV. 3/2/2 home built in 1970s & fully renovated in 2022-23. Some updates include luxury vinyl plank flooring, updated kitchen with leathered granite countertops & SS appliances, and plantation shutters. House repiped in PEX & new breaker panel provides peace of mind as well as providing up-to-date electrical solutions & a 50-amp RV plug. Recessed LED lighting installed throughout home provide modern illumination to interior & also in soffits around exterior of home adding beauty & functionality. Large covered patio space provides lots of room to enjoy the backyard and a shady spot to relax by the above ground pool/adjacent deck. Backyard shed provides additional space to store extras. Enjoy the low city of Katy tax rate and no HOA/MUD. Home zoned to Katy High School - go Tigers! Within walking distance of library, dog park, shopping.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Katy
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