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$300,000

20850 Morgan Knoll Ln, Katy, TX, 77449

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,786 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.37 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size4,953 sqft

Building Information

Year Built2013
Garage Spaces2

Land Information

APN1307610010002
Lot Number2
SubdivisionCastle Rock
Land UseResidential
Legal DescriptionLT 2 BLK 1 CASTLE ROCK SEC 4
Census Tract542402
Assessed Land Value$51,510
Assessed Improvement Value$248,490
Assessment Year2025

About this property

This Modern Open Concept One Story, 3 Bedroom 2 Bath Home offered By The Original Owners with Easy Access to both I-10 & the Grand Parkway! This Energy Efficient Home offers a High Efficiency HVAC System, Low-E Windows, Insulated Doors & Energy Star Appliances. This Home also has a Modern Split Floor Plan with a Study that Features Glass Doors & Engineered Wood Floors! Your Chef will Love the Kitchen with S/S Appliances, Granite Counter Tops, Center Island with a Breakfast Bar & Tons of Counter & Storage Space. The Spacious Owners Retreat with a wall of windows Featuring a Ensuite Bath with Double Sinks, Soaking Tub & Separate Shower. Two Guest Bedrooms both with Ample Closet Space. Sit back & Relax on the very Welcoming Front Porch & Back Covered Patio w/Lots of Room to Grill & Enjoy! No Back Neighbors! Pool & Parks Right Down the Street! Zoned to Highly Acclaimed Katy ISD. Conveniently Located next to British International School & Easy Access to Restaurants, Shopping & Health Care.

Investor Tools

Property Icon
$300,000
Estimated Property Value
$270,000Estimated Mortgage Balance
$38,864Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
$485/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,733
$300,000
2025
$51,510
$248,490
$300,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,733
$300,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$270,000
No
First
Jul 25, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,136
$38,864
12%
87%
$1,619/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$2,104/mo
+$46/mo
8.6%

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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20850 Morgan Knoll Ln | Property Details | No Agent List