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$335,000

NAL Estimated Property Value

3127 Madison Elm St, Katy, TX, 77493

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,695 Sq Ft
price_per_sqft$87.2 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Dishwasher
FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size5,022 sqft

Building Information

Year Built2009
Garage Spaces2

Land Information

APN1302810030034
Lot Number34
SubdivisionMorton Creek Ranch
Land UseResidential
Legal DescriptionLT 34 BLK 3 MORTON CREEK RANCH SEC 1
Census Tract542902
Assessed Land Value$65,027
Assessed Improvement Value$253,219
Assessment Year2025

About this property

Open house canceled. Under contract. This 5 bedroom home has just that! Beautiful family room with laminate wood flooring, a wall of glass windows and warmth of a gas log fireplace. Easy access to the kitchen which boasts a breakfast bar, tons of counter space, custom light fixture, gas range, and over and under cabinet lighting. Home has both a breakfast room AND formal dining room. Also located downstairs is a bedroom/office. It could be used as either, and has access to the half bath. Spacious primary bedroom is located on the second floor enhanced by in-suite with a garden tub, vanity, and walk in closet. Upstairs family-sized gameroom, perfect for all your entertaining pleasures. NEW interior wall and ceiling paint (Oct. 2020) and NEW carpet (Oct. 2020) A/C replaced 2020. Enjoy the amenities in the neighborhood-pool, splash pad, park, and walking/biking trails. Easy access to Grand Parkway/99. Tons of shopping and restaurants nearby.

Investor Tools

Property Icon
$335,000
Estimated Property Value
$206,246Estimated Mortgage Balance
$128,754Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$628/month
$615/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,865
$318,246
2025
$65,027
$253,219
$318,246
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,865
$318,246

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$230,743
Yes
First
Nov 5, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,246
$127,754
38%
62%
$1,384/mo

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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3127 Madison Elm St | Property Details | No Agent List