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$322,000

1520 Colonial Gorge Drive, Katy, TX, 77493

SoldInfo
6/30/26
Beds3 Beds
Baths3 Bath
Baths2,018 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$161 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,786 sqft

Building Information

Garage Spaces2

Land Information

APN1484150010061
Lot Number61
Land UseRes Vacant Table Val
Legal DescriptionLT 61 BLK 1 COLONIAL HEIGHTS
Census Tract542600
Assessed Land Value$36,200
Assessment Year2025

About this property

Thoughtfully designed two-story plan with an open living, dining, and kitchen arrangement that creates an inviting flow for daily living and entertaining. A first-floor powder bath and attached garage add everyday convenience. Upstairs, the primary suite features two walk-in closets and a well-appointed bath with separate tub and shower, while two additional bedrooms share a full bath. A large utility room is also located upstairs for maximum functionality.

Investor Tools

Property Icon
$322,000
Estimated Property Value
$0Estimated Mortgage Balance
$322,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,949 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$134/month
$990/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$36,200
2025
$36,200
N/A
$36,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$36,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$322,000
100%
0%
$0/mo

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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