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$413,462

NAL Estimated Property Value

23202 Penstemon Trl, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,576 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.11 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Water Softener, Electric Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher, Instant Hot Water, Water Purifier
FlooringCarpet, Tile

Exterior

Lot Size6,412 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN1402240040001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 4 ELYSON SEC 18
Census Tract542902
Assessed Land Value$74,318
Assessed Improvement Value$339,144
Assessment Year2025

About this property

On a corner lot in Elyson, this lovely two-story brick home offers three bedrooms with closets, a game room upstairs, walking access attic space, and a two-car garage. Tile and carpet flooring pair with clean-lined 8-inch baseboards, while quartz countertops elevate the kitchen and baths. The kitchen comes with abundant cabinetry, LED under cabinet lighting, and a reverse osmosis system—all centered around a beautifully lit island. Outside, the lush backyard features an extended patio and custom wood privacy wall, perfect for quiet mornings or evening gatherings. A stained fence, full gutters, and sprinkler system round out the exterior, while inside, added touches like a pantry barn door, powder room accessories, water softener, and laundry room storage bring ease to daily living. With quick access to Grand Parkway 99, this well-kept home places you close to shopping, dining, and entertainment in Katy, Cypress, and beyond—offering a fresh take on modern suburban living.

Investor Tools

Property Icon
$413,462
Estimated Property Value
$265,246Estimated Mortgage Balance
$148,216Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,481 /month
Positive
Cash Flow Estimate:
$827 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$602/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,151
$413,462
2025
$74,318
$339,144
$413,462
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,151
$413,462

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$270,000
No
First
May 13, 2025
Jun 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,246
$148,216
35%
64%
$1,619/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,619/mo
+$611/mo
6.5%

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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23202 Penstemon Trl | Property Details | No Agent List