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$506,000

NAL Estimated Property Value

2146 Morning Park Dr, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,957 Sq Ft
price_per_sqft$177.54 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10,252 sqft

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2273-04-001-0010-914
Lot Number1
SubdivisionCinco Ranch Greenway Village Sec 4
Land UseResidential
Legal DescriptionCINCO RANCH GREENWAY VILLAGE SEC 4, BLOCK 1, LOT 1
Census Tract673005
Assessed Land Value$88,179
Assessed Improvement Value$376,938
Assessment Year2025

About this property

This home features updated floors, a stylish kitchen, and a spacious backyard. The oversized detached garage has extra storage with a barn/shed behind it. Located on a charming tree-lined street, this home has large windows that let in plenty of natural light. The kitchen is designed for convenience with quartz countertops, a tile backsplash, stainless steel appliances, soft-close drawers, and bottom pull-outs, all opening up to the Family Room. The Primary Suite offers a touch of luxury with a large jetted tub, a frameless shower, double square sinks, and elegant glass tile accents. This home is in the highly rated KISD school district, just a short walk from one of ten neighborhood pools and Fielder Elementary School. updated two water heaters. Schedule your showing today! Inside, there's plenty of space with a Formal Living/Dining combo, a Study, an Eat-in Kitchen open to the Family Room, and a Game Room—perfect for family living!

Investor Tools

Property Icon
$506,000
Estimated Property Value
$299,844Estimated Mortgage Balance
$206,156Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$844/month
$1,450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,601
$465,117
2025
$88,179
$376,938
$465,117
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,601
$465,117

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$329,600
No
First
Aug 13, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,844
$212,156
41%
59%
$1,977/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,427/mo
$-87/mo
7.9%

Learn About the Market: Opportunity in Texas

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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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2146 Morning Park Dr | Property Details | No Agent List