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$318,863

NAL Estimated Property Value

2907 Coastal Prairie Ln, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,998 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.1 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Lot Size5,894 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN1344330010023
Lot Number23
SubdivisionKaty Oaks
Land UseResidential
Legal DescriptionLT 23 BLK 1 KATY OAKS SEC 1
Census Tract542902
Assessed Land Value$71,447
Assessed Improvement Value$247,416
Assessment Year2025

About this property

Discover your ideal rental! This 1900 sq ft, 3-bedroom, 2-bathroom home with a 2-car garage offers an exceptional living experience. Inside, you'll find ample space, high ceilings, and a spacious kitchen featuring an island with quartz countertops and abundant cabinet storage. The open breakfast area flows seamlessly into the living room, while a bright, separate dining room provides plenty of natural light. The primary bedroom and bathroom are generously sized, boasting double vanities, a separate shower, and a soaking tub. Secondary bedrooms are also well-proportioned. Step outside to a large, covered patio—perfect for cookouts and family gatherings. Located in a desirable community, you'll have easy access to major highways, abundant shopping, diverse restaurants, and more. This home truly exceeds expectations!

Investor Tools

Property Icon
$318,863
Estimated Property Value
$160,410Estimated Mortgage Balance
$158,453Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,913 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,961
$318,863
2025
$71,447
$247,416
$318,863
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,961
$318,863

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$175,000
No
First
Dec 15, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,410
$158,453
49%
50%
$1,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,050/mo
+$1,180/mo
8.4%

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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2907 Coastal Prairie Ln | Property Details | No Agent List