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$451,000

NAL Estimated Property Value

29035 Nectar Island Ln, Katy, TX, 77494

$501,395 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,108 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.5 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size8,441 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN9800-09-002-0180-914
Lot Number18
SubdivisionYoung Ranch Sec 9
Land UseResidential
Legal DescriptionYOUNG RANCH SEC 9, BLOCK 2, LOT 18
Census Tract673201
Assessed Land Value$78,182
Assessed Improvement Value$404,145
Assessment Year2025

About this property

This stunning M/I Homes property offers a thoughtfully designed layout featuring LVP flooring & a great open floor plan. The main floor hosts 3 of the 4 bedrooms, including the luxurious primary suite. The primary suite boasts a walkin closet, dual vanities, & separate shower and tub.Upstairs, you'll find a versatile game room & a spacious guest suite. The home also includes a study and an lrg covered patio for outdoor entertaining and leisure. The outdoor kitchen is equipped with a luxe Paradise gas grill and a two-burner cooktop.Additional features include a water softener, a whole-home generator hook-up, and a convenient sink in the garage.Culinary enthusiasts will appreciate the island kitchen, complete with quratz countertops, a mosaic backsplash, and stainless appliances.Near I-10 and the Grand Parkway, residents enjoy access to the Energy Corridor and the best that Katy has to offer.Young Ranch offers exceptional amenities, including a clubhouse, pool, splashpad, and playground.

Investor Tools

Property Icon
$451,000
Estimated Property Value
$363,164Estimated Mortgage Balance
$87,836Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$501,395
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,937 /month
Positive
Cash Flow Estimate:
$979 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$725/month
$1,090/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,442
$446,112
2025
$78,182
$404,145
$482,327
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,442
$446,112

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citadel Servicing Corporation
Conventional
$368,000
No
First
Aug 6, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$363,164
$92,836
20%
81%
$2,207/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,297/mo
+$43/mo
8.9%

Learn About the Market: Opportunity in Texas

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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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29035 Nectar Island Ln | Property Details | No Agent List