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$416,469

NAL Estimated Property Value

20935 Field Manor Ln, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,317 Sq Ft
price_per_sqft$172.59 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size6,875 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3531-09-001-0160-914
Lot Number16
SubdivisionGrand Lakes Phase Three Sec 9
Land UseResidential
Legal DescriptionGRAND LAKES PHASE THREE SEC 9, BLOCK 1, LOT 16
Census Tract673009
Assessed Land Value$49,400
Assessed Improvement Value$367,069
Assessment Year2025

About this property

Welcome to 20935 Field Manor Lane. Located in Katy's Grand Lakes neighborhood with top-rated Katy ISD schools. The Primary suite offers a spa-like bath and his and hers walk-in closet. This 1.5 story home is ready for you. Downstairs you will find the large and spacious primary bedroom and 2 secondary bedrooms. A large living room with a gas log fireplace, a large open chef's kitchen with a breakfast nook, and a home office overlooking the front yard. The backyard is fully fenced and has a shade sail over the patio, enough space for a pool, and no back neighbors. Upstairs is a huge open loft with a closet that would make a perfect game room, movie room, or even an oversized fourth bedroom. The home is also zoned to all A rated schools (elementary, middle, and high schools.) Grand Lakes offers tennis courts, pools, a splash pad, and playgrounds and trails. There is something for everyone here. Schedule your showing today!

Investor Tools

Property Icon
$416,469
Estimated Property Value
$756,176Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,499 /month
Positive
Cash Flow Estimate:
$833 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$742/month
$1,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,826
$416,469
2025
$49,400
$367,069
$416,469
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,826
$416,469

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Fha
$387,845
Yes
First
Dec 10, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$756,176
N/A
0%
182%
$4,652/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$5,802/mo
$-2,972/mo
8.2%

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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