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$7,000

$985,000

2447 Monarch Terrace Dr, Katy, TX, 77494

On MarketInfo
Just AddedInfo
Price DropInfo
Beds5 Beds
Baths5 Bath
Baths6,138 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.14 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Double Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size11,894 sqft

Building Information

Year Built2009
Stories2
Roof Type105
Garage Spaces3

Land Information

APN3105-11-001-0250-914
Lot Number25
SubdivisionFirethorne Sec 11
Land UseResidential
Legal DescriptionFIRETHORNE SEC 11, BLOCK 1, LOT 25
Census Tract673201
Assessed Land Value$117,260
Assessed Improvement Value$777,097
Assessment Year2025

About this property

Stunning home offering a blend of elegance, functionality, and flexible living spaces. A grand two-story entry welcomes you, where you’ll find a private study with French doors, formals, sunroom, and spacious family room with fireplace. The updated kitchen features quartz countertops, abundant cabinetry, double ovens, gas cooktop, and a large island overlooking the main living areas. The primary suite is a retreat with a spa-inspired bath, oversized shower, soaking tub, dual vanities, makeup area, and two walk-in closets. Upstairs offers incredible flexibility with a media room, game room, and an enclosed bonus room. Step outside to enjoy the landscaped backyard featuring a resort-style pool, spa, fire pit, and covered patio. Additional highlights include plantation shutters, wood flooring, a drop zone with built-in organization, dual staircases, EV charging station & extensive storage. Includes weekly housekeeping service, lawn & pool maintenance.

Investor Tools

$265,985Estimated Mortgage Balance
$690,015Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,736 /month
Positive
Cash Flow Estimate:
$1,912 /month

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Kelly Griffin

Better Homes and Gardens Real Estate Gary Greene - Memorial

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,340/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,301
$884,397
2025
$117,260
$777,097
$894,357
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,301
$884,397

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Megamerica Mortgage Group Inc
Conventional
$300,000
No
First
Sep 4, 2020
Oct 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,985
$659,015
71%
28%
$1,799/mo

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.

Explore Texas Explore This Area
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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