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$348,517

NAL Estimated Property Value

23802 Welch House Ln, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,312 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.95 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size6,708 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN1159260020009
Lot Number9
SubdivisionWilliamsburg Parish 3 Par R/P
Land UseResidential
Legal DescriptionLT 9 BLK 2 WILLIAMSBURG PARISH 3 PAR R/P
Census Tract542902
Assessed Land Value$52,313
Assessed Improvement Value$296,204
Assessment Year2025

About this property

Welcome to this 4 bedroom, 2.5 bath home nestled in the heart of North Katy! This beautifully updated home offers modern elegance and comfort with a completely remodeled kitchen featuring new stainless steel appliances, sleek quartz countertops, and new backsplash. The refrigerator is included, making moving in a breeze! Step outside to your private oasis with a sparkling pool and relaxing hot tub, perfect for entertaining or unwinding after a long day. The home is also equipped with solar panels, providing energy efficiency and savings. With 4 spacious bedrooms on the second floor, this home is ideal for family living. No back neighbors. Zone to Katy ISD schools. Don’t miss the opportunity to own this exceptional property in a prime location with a low tax rate, minutes from I10 and 99, lots of restaurants and shopping.

Investor Tools

Property Icon
$348,517
Estimated Property Value
$339,688Estimated Mortgage Balance
$8,829Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,738
$348,517
2025
$52,313
$296,204
$348,517
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,738
$348,517

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$349,000
No
First
Nov 22, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$339,688
$8,829
2%
97%
$2,093/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,643/mo
+$237/mo
9.9%

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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23802 Welch House Ln | Property Details | No Agent List