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$551,000

3018 E Elm Cir, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,110 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.5 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Electric Cooktop, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size11,252 sqft

Building Information

Year Built1992
Garage Spaces4

Land Information

APN1163740020005
Lot Number5
SubdivisionTimberwilde Ph 1
Land UseResidential
Legal DescriptionLT 5 BLK 2 TIMBERWILDE PH 1
Census Tract542800
Assessed Land Value$92,813
Assessed Improvement Value$378,751
Assessment Year2025

About this property

Welcome to 3018 E Elm Cir, located in the heart of Katy. This updated property offers comfort & functionality w/ high-quality features. Home has never flooded, thanks to an elevated lot w/ French drains. Gas water heater was replaced in 2019, & the HVAC system was updated in 2011, 2021, & 2022, including new units & furnace. In 2023, home was painted inside & out, including refreshed kitchen cabinets & new shutters. The primary shower upgraded in 2023 w/ frameless glass door, & both front & rear doors were replaced w/ fiberglass units. Updated kitchen boasts granite countertops, stainless steel appliances, & an open layout to the den. Crown molding & chair railing run throughout the home. Living room features full masonry gas fireplace w/ complete chimney. A cedar picket fence was installed in 2022. Garage has a 2024 epoxy-coating, fresh paint, & attic access for storage, along w/ custom cabinetry, workbench, pegboard, & overhead storage, all set in a beautifully landscaped yard.

Investor Tools

Property Icon
$551,000
Estimated Property Value
$0Estimated Mortgage Balance
$551,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,480 /month
Positive
Cash Flow Estimate:
$1,160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,259
$471,564
2025
$92,813
$378,751
$471,564
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,259
$471,564

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$545,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
N/A
+$2,880/mo
6.3%

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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3018 E Elm Cir | Property Details | No Agent List