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$278,000

6123 Old Farmhouse Lane, Katy, TX, 77449

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,775 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.62 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size8,560 sqft

Building Information

Year Built1992
Garage Spaces2

Land Information

APN1160280040022
Lot Number22
SubdivisionBear Creek Plantation 1 R/P
Land UseResidential
Legal DescriptionLT 22 BLK 4 BEAR CREEK PLANTATION 1 R/P
Census Tract542103
Assessed Land Value$64,046
Assessed Improvement Value$205,906
Assessment Year2025

About this property

Investor hot deal! Tenant-occupied and already income-producing $2150/m. Beautifully maintained 3-bedroom, 2-bath single-story home in Bear Creek Plantation with a bright, functional layout and inviting traditional charm. Entry opens to a formal dining area on the right, followed by a spacious living room with natural light and a cozy gas fireplace. Kitchen features granite countertops, stainless steel appliances, ample cabinetry, and a breakfast area overlooking the backyard. Private primary suite offers double sinks, garden tub, separate shower, and walk-in closet. Secondary bedrooms also feature walk-in closets, perfect for family, guests, or a home office. Enjoy a large backyard and a covered walkway from the back door to the detached garage for easy access. Conveniently located near I-10/Katy Freeway, Greenhouse Rd, and TX-99/Grand Parkway, with shopping, dining, and community amenities including pool, clubhouse, and tennis courts. Zoned to Cy-Fair ISD.

Investor Tools

$219,600Estimated Mortgage Balance
$57,400Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

Interested in this property?

Thao Nguyen

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$278/month
$460/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,947
$269,952
2025
$64,046
$205,906
$269,952
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,947
$269,952

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$234,000
No
First
Jan 5, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,600
$57,400
20%
79%
$1,403/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,863/mo
+$287/mo
9.3%

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.

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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