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$305,859

NAL Estimated Property Value

1518 Palisade Green Dr, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,026 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.23 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringTile

Exterior

Lot Size6,900 sqft

Building Information

Year Built2010
Garage Spaces2

Land Information

APN1271280020011
Lot Number11
SubdivisionStone Crest
Land UseResidential
Legal DescriptionLT 11 BLK 2 STONE CREST SEC 1
Census Tract542600
Assessed Land Value$71,432
Assessed Improvement Value$234,427
Assessment Year2025

About this property

Enjoy elegant finishes and fantastic outdoor space in this beautifully updated Katy home. A vaulted tiled entry invites you inside to discover a light-filled formal dining room with new wide-plank hardwood floors and abundant windows. Ahead, the open chef's kitchen dazzles with handsome cabinetry, granite counter, stainless steel appliances and a breakfast nook. The living room invites you to relax in front of the fireplace, or head outside to take in the covered patio and large flat yard that could easily accommodate a pool. In the owner's suite, you'll find a huge custom closet and an updated en suite bath with lovely tile, a new frameless glass shower, soaking tub and double vanity. Two sunny secondary bedrooms share the full guest bath, and the large home office is the perfect place for work or study. A laundry room, attached garage and solar panels complete this wonderful Stone Crest home close to Katy Mills, Typhoon Texas Water Park and top-rated Katy ISD schools.

Investor Tools

Property Icon
$305,859
Estimated Property Value
$0Estimated Mortgage Balance
$305,859Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,835 /month
Positive
Cash Flow Estimate:
$612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$475/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,169
$305,859
2025
$71,432
$234,427
$305,859
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,169
$305,859

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$309,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$300/mo
+$1,930/mo
8.7%

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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1518 Palisade Green Dr | Property Details | No Agent List