Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$448,850

2318 Red Chip Lane, Katy, TX, 77493

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths2,572 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.51 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesWater Heater, Disposal, Convection Oven, Microwave, Free-Standing Range, Dishwasher
FlooringCarpet, Tile, Vinyl Plank

Exterior

Exterior FeaturesSprinkler System
Lot Size6,360 sqft

Building Information

Garage Spaces2

Land Information

APN4204-42-001-0070-901
Lot Number7
SubdivisionJordan Ranch Sec 42
Land UseOther / Unknown
Legal DescriptionJORDAN RANCH SEC 42, BLOCK 1, LOT 7
Census Tract673201
Assessed Land Value$40,000
Assessment Year2025

About this property

November Move-In Opportunity with Time to Personalize! Situated on one of the largest homesites in Jordan Ranch, this stunning Somerset offers exceptional space, style, and flexibility. The heart of the home is the dramatic family room featuring a soaring cathedral ceiling and an impressive double row of windows that flood the space with natural light and create a stunning view of the covered patio. The thoughtfully designed floor plan includes 4 bedrooms, 3.5 baths, a private first-floor secondary suite with its own bath, and an upstairs gameroom overlooking the main living areas. The spacious kitchen opens seamlessly to the dining and family rooms, making it ideal for entertaining. Currently in the early stages of construction, buyers still have a limited opportunity to personalize select interior finishes. Scheduled for November completion.

Investor Tools

$0Estimated Mortgage Balance
$398,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,693 /month
Positive
Cash Flow Estimate:
$898 /month

Interested in this property?

Angeline Clark

Monarch Real Estate & Ranch

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$666
$40,000
2025
$40,000
N/A
$40,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$666
$40,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$398,000
100%
0%
$0/mo

City: Katy

2318 Red Chip Lane | Property Details | No Agent List