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$302,727

NAL Estimated Property Value

18615 Morgans Forest Ln, Katy, TX, 77449

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,127 Sq Ft
price_per_sqft$166.9 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesSprinkler System
Lot Size6,608 sqft

Building Information

Year Built2013
Garage Spaces2

Land Information

APN1306260010004
Lot Number4
SubdivisionBarker Village
Land UseResidential
Legal DescriptionLT 4 BLK 1 BARKER VILLAGE SEC 3
Census Tract542108
Assessed Land Value$55,460
Assessed Improvement Value$247,267
Assessment Year2025

About this property

OWNER IS MORE INTERESTED IN LEASING THIS HOUSE. Welcome to this spacious 3-beds, 2-baths home, with a beautiful private pool!!! Nestled in the highly sought-after Katy area, the house is designed with comfort in mind, with open-concept layout & neutral finishes that complement any style. The expansive family room offers the perfect setting for entertaining, seamlessly connecting to a well-appointed kitchen featuring abundant cabinetry, gleaming granite countertops, and tasteful finishes. The oversized primary suite includes a generous walk-in closet & a luxurious bath with a separate shower. Two additional bedrooms and a versatile flex room, ideal as a fourth bedroom, home office, or study, provide ample space for family and guests. Step outside to a thoughtfully landscaped backyard oasis, complete with a stunning in-ground pool framed by premium travertine stone, perfect for relaxing or hosting gatherings. This amazing property is waiting for you! Call for scheduling a showing today!

Investor Tools

Property Icon
$302,727
Estimated Property Value
$291,614Estimated Mortgage Balance
$11,113Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,795
$302,727
2025
$55,460
$247,267
$302,727
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,795
$302,727

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Corelogic Solex
Fha
$35,225
Yes
First
Jun 25, 2015
Sep 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,614
$11,113
3%
96%
$1,809/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,459/mo
$-309/mo
8.5%

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.

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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18615 Morgans Forest Ln | Property Details | No Agent List