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$292,000

NAL Estimated Property Value

23811 Norton House Ln, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,636 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.09 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee Owner

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, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,464 sqft

Building Information

Year Built1999
Garage Spaces2

Land Information

APN1159260050007
Lot Number7
SubdivisionWilliamsburg Parish 3 Par R/P
Land UseResidential
Legal DescriptionLT 7 BLK 5 WILLIAMSBURG PARISH 3 PAR R/P
Census Tract542902
Assessed Land Value$52,112
Assessed Improvement Value$224,108
Assessment Year2025

About this property

This 3-Bedroom, 2-Bathroom Home In The Sought-After Katy Area Offers A Desirable And Convenient Lifestyle. With Vaulted Ceilings Enhancing The Sense Of Space, The Home Features A Well-Appointed Kitchen Complete With Granite Countertops And Matching Stainless Steel Appliances. The Convenience Of A Walk-In Pantry Adds To The Functionality Of The Kitchen. The Living Room Is Designed For Comfort And Warmth, Featuring A Gas Log Fireplace. The Primary Bedroom Is A Retreat, Boasting Double Sinks, A Relaxing Soaking Tub, And A Separate Shower. The Guest Rooms Are Spacious And Accommodating. Outside, A Large Fenced Backyard Awaits, Providing Both Privacy And A Perfect Setting For Outdoor Gatherings. The Expansive Covered Patio Adds An Additional Dimension For Entertaining Or Simply Enjoying The Outdoors. The 2-Car Garage Is Not Only Practical But Includes Storage Shelving And A Workshop Bench, Catering To Those With DIY Inclinations.

Investor Tools

Property Icon
$292,000
Estimated Property Value
$251,669Estimated Mortgage Balance
$40,331Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,973
$276,220
2025
$52,112
$224,108
$276,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,973
$276,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$261,900
No
First
Mar 12, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,669
$34,331
12%
86%
$1,571/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,971/mo
+$259/mo
9.2%

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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23811 Norton House Ln | Property Details | No Agent List