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$283,000

NAL Estimated Property Value

6103 Norwood Meadows Ln, Katy, TX, 77494

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,397 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.47 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Gas Range, Gas Oven, Oven
FlooringCarpet, Tile

Exterior

Lot Size5,614 sqft

Building Information

Year Built2009
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9305-07-003-0170-914
Lot Number17
SubdivisionWestheimer Lakes North Sec 7
Land UseResidential
Legal DescriptionWESTHEIMER LAKES NORTH SEC 7, BLOCK 3, LOT 17
Census Tract673109
Assessed Land Value$58,013
Assessed Improvement Value$203,047
Assessment Year2025

About this property

Beautiful & Cozy 3-Bedroom Home -Corner Lot-  Katy ISD/ZONED TO SEVEN LAKES HIGH  Looking for a move-in-ready home with low maintenance? This stunning 3-bedroom, 2-bath home has it all! Open Floor Plan with Granite Countertops . Spacious Pantry & Utility Room. Primary Suite with Walk-In Closet & Bath . Covered Patio & Private Backyard – No Back Neighbors! ? All Appliances Included! Never Flooded! Zoned to top-rated Katy ISD! Don’t miss this amazing opportunity! Call or text me for more details or a private tour!

Investor Tools

Property Icon
$283,000
Estimated Property Value
$128,601Estimated Mortgage Balance
$154,399Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,698 /month
Positive
Cash Flow Estimate:
$566 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$474/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,270
$261,060
2025
$58,013
$203,047
$261,060
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,270
$261,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$144,750
No
First
Aug 3, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,601
$147,399
53%
45%
$868/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$868/mo
+$1,712/mo
10.9%

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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6103 Norwood Meadows Ln | Property Details | No Agent List