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Days186Days on Market
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$314,900

3027 Narrow Stream Way, Katy, TX, 77493

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,325 Sq Ft
price_per_sqft$135.44 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Freestanding Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size5,062 sqft

Building Information

Year Built2018
Garage Spaces1

Land Information

APN1388640020005
Lot Number5
Land UseResidential
Legal DescriptionLT 5 BLK 2 MORTON CREEK RANCH SEC 13
Census Tract542902
Assessed Land Value$65,078
Assessed Improvement Value$258,973
Assessment Year2025

About this property

Enjoy Katy living at its best in this immaculately maintained home! This 4 bedroom/3 full bath beauty includes one bedroom & full bath on the first floor. The spacious kitchen flows into a cozy breakfast room with tons of natural light. The formal dining room & large family room offer a perfect setting for entertaining guests. Rest & relax in the luxurious primary suite with a large garden tub, separate shower & walk in closet. Upstairs game room offers additional entertainment space. Large backyard with patio area. Zoned for Katy ISD schools. Great neighborhood with many amenities including: a splash pad, pool & clubhouse! Easy access to I-10 & Grand Parkway. Just minutes from shopping & dining!

Investor Tools

$179,846Estimated Mortgage Balance
$145,021Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,944 /month
Positive
Cash Flow Estimate:
$648 /month

Interested in this property?

Margaret Houston

SERHANT.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
$615/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,362
$324,051
2025
$65,078
$258,973
$324,051
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,362
$324,051

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$210,855
No
First
Feb 7, 2019
Mar 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,846
$144,205
44%
55%
$1,265/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,880/mo
+$1,000/mo
10.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3027 Narrow Stream Way | Property Details | No Agent List