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$359,274

23003 Chelsen Bridge Ln, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,541 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.74 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size10,402 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1148890060018
Lot Number18
SubdivisionGovernors Place
Land UseResidential
Legal DescriptionLT 18 BLK 6 GOVERNORS PLACE SEC 1
Census Tract455200
Assessed Land Value$90,442
Assessed Improvement Value$268,832
Assessment Year2025

About this property

Location is KEY with this 2600 square foot Governors Place gem. Sitting on a massive 10,400 square foot corner lot, this 1.5 story home is a WOW from the moment you pull into its circular driveway. This gem has THE most functional floorplan and will check every single one of your boxes starting with its picture perfect primary bedroom and en suite featuring a separate tub, shower, and dual sinks, massive flex space/game room upstairs with its own half bath, French doors leading to your outside patio and giving off plenty of natural light, neutral tile and paint throughout the entire home, dining off the entry (could serve as a second open study if needed), and a cozy den with its stunning painted brick and cedar mantel fireplace. The possibilities for this home are endless. BONUS: Easy access to 99/I10, seconds away from shopping, La Centerra, and so much more. Zoned to Taylor HS and just under 2.4% tax rate makes this home THE ONE.

Investor Tools

Property Icon
$359,274
Estimated Property Value
$15,000Estimated Mortgage Balance
$345,321Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,156 /month
Positive
Cash Flow Estimate:
$719 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
$620/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,940
$359,274
2025
$90,442
$268,832
$359,274
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,940
$359,274

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Christopher Blome
Purchase Money Mortgage
$15,000
No
First
Aug 15, 2022
Aug 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$13,953
$345,321
96%
4%
$90/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$710/mo
+$1,480/mo
7.3%

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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23003 Chelsen Bridge Ln | Property Details | No Agent List