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$277,000

NAL Estimated Property Value

2511 Village Oak Dr, Katy, TX, 77493

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,725 Sq Ft
price_per_sqft$1.14 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Cooktop, Refrigerator, Dishwasher

Exterior

Lot Size7,200 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1143240000003
Lot Number3
SubdivisionLilac Terrace
Land UseResidential
Legal DescriptionLT 3 LILAC TERRACE
Census Tract542800
Assessed Land Value$63,270
Assessed Improvement Value$212,336
Assessment Year2025

About this property

Renovated 3BR/2.5BA Home in Prime Katy Location! This updated 1,725 SQFT, two-story home has been upgraded with $25K in renovations, giving it a fresh and modern feel. Enjoy brand-new carpet, fresh paint, upgraded light fixtures, and a bright, open kitchen with granite countertops. The spacious backyard features a covered patio and built-in BBQ grill, with the added benefit of no backyard neighbors for extra privacy. Conveniently located with easy access to I-10 and Hwy 99, this home is just 5–10 minutes from H-E-B, Walmart, Home Depot, and more. It’s also 3.5 miles from Katy Mills Mall, zoned to top-rated Katy ISD schools, and within walking distance to a park with bike trails, a playground, and a skate park. Don’t miss out on this incredible home—schedule a viewing today!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$599/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,809
$275,606
2025
$63,270
$212,336
$275,606
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,809
$275,606

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$183,000
No
First
Dec 22, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,743
$119,257
41%
61%
$1,098/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,098/mo
+$1,132/mo
9.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2511 Village Oak Dr | Property Details | No Agent List