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$486,380

29803 Norwood Canyon Ln, Katy, TX, 77423

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,818 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.01 / sqft
Year BuiltBuilt in 2018

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, Gas Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size10,455 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN9800-01-002-0520-901
Lot Number52
SubdivisionYoung Ranch Sec 1
Land UseResidential
Legal DescriptionYOUNG RANCH SEC 1, BLOCK 2, LOT 52
Census Tract673201
Assessed Land Value$73,710
Assessed Improvement Value$412,670
Assessment Year2025

About this property

This stunning 4-bedroom, 3 1/2-bathroom home is nestled on a oversized lot in a quiet cul-de-sac, offering both luxury and comfort. The open-concept kitchen features a large island, plenty of cabinets/counter space and flows seamlessly into the bright and airy living room, perfect for gatherings. With a spacious home office and a dedicated game room, there’s plenty of room to entertain or work from home. Enjoy a backyard oasis with a sparkling pool, surrounded by lush landscaping, ideal for relaxation or entertaining. The 3-car garage provides ample storage space. Packed with tons of upgrades, this home is a true gem. Conveniently located near I-10 and Texas Heritage Parkway, and with a new HEB and Target coming soon, you’ll have everything you need just minutes away. Zoned to Highly Acclaimed Lamar CISD! Schedule your showing today, this home won't last long!

Investor Tools

Property Icon
$486,380
Estimated Property Value
$576,414Estimated Mortgage Balance
$0Estimated Equity
-19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,348 /month
Positive
Cash Flow Estimate:
$1,116 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$800/month
$1,090/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,169
$486,380
2025
$73,710
$412,670
$486,380
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,169
$486,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Va
$576,414
Yes
First
May 7, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,132,528
N/A
0%
233%
$6,912/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$8,002/mo
$-5,776/mo
5.5%

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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29803 Norwood Canyon Ln | Property Details | No Agent List