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$619,000

3115 Eula Morgan Rd, Katy, TX, 77493

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,671 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.75 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Cooktop
FlooringTile

Exterior

Lot Size1.17 acres

Building Information

Year Built1975
Stories1
Garage Spaces4

Land Information

APN0481040000025
Land UseResidential
Legal DescriptionTR 2Y ABST 1567 H&TCRR SEC 80 BLK 2
Census Tract542800
Assessed Land Value$177,237
Assessed Improvement Value$195,170
Assessment Year2025

About this property

Nestled under mature shade trees on 1.17 unrestricted acres in Old Katy, this single-story home blends privacy and space just minutes from town. Located in highly sought-after Katy ISD, it offers the rare freedom to breathe without sacrificing access to dining and commuter routes. Inside, the home has been thoughtfully renovated. Expansive living spaces, rich natural light, and a flowing layout create an inviting atmosphere. The updated kitchen opens to the main living areas, where large windows frame peaceful views of the property. Outside, the fully usable acre-plus homesite offers endless flexibility. Featuring a brand-new roof and no HOA, there is ample room for a pool, workshop, guest house, or extra parking, providing ultimate peace of mind. Homes combining this much land, prime location, mature trees, and updated interiors rarely hit the market. Don't miss this unique Old Katy retreat!

Investor Tools

$0Estimated Mortgage Balance
$672,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,032 /month
Positive
Cash Flow Estimate:
$1,344 /month

Interested in this property?

Kathy Mills

Better Homes and Gardens Real Estate Gary Greene - Katy

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$747/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,604
$372,407
2025
$177,237
$195,170
$372,407
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,604
$372,407

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$672,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
N/A
+$2,230/mo
4.0%

City: Katy