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$485,000

$499,000

2903 Overbrook Meadow Ln, Katy, TX, 77494

On MarketInfo
Just AddedInfo
Price DropInfo
Beds4 Beds
Baths4 Bath
Baths2,822 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.86 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size9,948 sqft

Building Information

Year Built2015
Roof Type105
Garage Spaces2

Land Information

APN8127-11-003-0200-914
Lot Number20
SubdivisionSilver Ranch Sec 11
Land UseResidential
Legal DescriptionSILVER RANCH SEC 11, BLOCK 3, LOT 20
Census Tract673108
Assessed Land Value$63,882
Assessed Improvement Value$417,204
Assessment Year2025

About this property

Beautifully appointed two-story K. Hovnanian home featuring an impressive stone and brick exterior, elegant wrought-iron staircase, and optional private study. The open-concept floor plan is designed for both everyday living and entertaining, highlighted by a spacious island kitchen with granite countertops overlooking the inviting family room. Interior upgrades include tray ceilings in the dining room, ceramic tile flooring, laminated hardwoods throughout the first floor, upgraded maple cabinetry, stainless steel appliances, and recessed lighting. The covered rear patio provides the perfect space for outdoor relaxation and gatherings. Generous closet space, abundant storage, quality finishes, and thoughtful architectural details throughout make this home an exceptional opportunity.

Investor Tools

Property Icon
$511,000
Estimated Property Value
$323,921Estimated Mortgage Balance
$252,357Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,066 /month
Positive
Cash Flow Estimate:
$1,022 /month

Interested in this property?

Rene Sorola

Keller Williams Realty Metropolitan

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$687/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,685
$473,384
2025
$63,882
$417,204
$481,086
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,685
$473,384

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Fha
$323,921
Yes
First
Dec 22, 2016
Jan 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,643
$252,357
49%
51%
$1,943/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,793/mo
+$547/mo
7.8%

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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