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NoAgentList RatingHow are grades calculated? Info

$350,698

1511 Phoenician Dr, Katy, TX, 77494

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,908 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.04 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Free-Standing Range, Dishwasher, Dryer, Refrigerator
FlooringLaminate, Vinyl

Exterior

Lot Size6,325 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2952-08-002-0060-914
Lot Number6
SubdivisionFalcon Landing Sec 8
Land UseResidential
Legal DescriptionFALCON LANDING SEC 8, BLOCK 2, LOT 6
Census Tract673107
Assessed Land Value$42,900
Assessed Improvement Value$307,798
Assessment Year2025

About this property

Beautiful single story home in a well-established, gated section of Falcon Landing zoned to award winning Katy ISD. Higher ceilings, Spacious dining room off entry foyer. Fresh paint throughout, no carpet. Upgraded Kitchen comes with quartz countertops, breakfast nook, new vinyl floors and updated backsplash. The kitchen looks into the living room with gas log fireplace. The primary bedroom at the back of the home features large walk in closet and bathroom with dual sinks, tub and separate shower. Refrigerator, washer, dryer stay! Easy access to I-10 and Hwy99. Minutes to Shopping , Schools, Costco. Full sprinkler system, Community amenities include a swimming pool, playground, walking trails. Never Flooded! Ready for move in.

Investor Tools

Property Icon
$350,698
Estimated Property Value
$0Estimated Mortgage Balance
$350,698Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,104 /month
Positive
Cash Flow Estimate:
$701 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$624/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,733
$350,698
2025
$42,900
$307,798
$350,698
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,733
$350,698

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$350,698
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
N/A
+$3,340/mo
11.4%

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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1511 Phoenician Dr | Property Details | No Agent List