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B+

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Owner Contacts

$314,813

907 Owl Landing Dr, Katy, TX, 77494

Off Market

3 Beds

2 Bath

1,664 Sq Ft

Single Family Residence

$179.39 / sqft

Built in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size5,057 sqft

Building Information

Year Built2005

Garage Spaces2

Land Information

APN1257960010080

Lot Number80

SubdivisionFalcon Rock

Land UseResidential

Legal DescriptionLT 80 BLK 1 FALCON ROCK SEC 1

Census Tract455300

Assessed Land Value$82,563

Assessed Improvement Value$232,250

Assessment Year2025

About this property

Lovely ranch on culdesac lot w/charming covered back patio in highly desired Falcon Rock zoned to great schools including Katy HS! NEW carpet, NEW Whirlpool appliances, FRESH paint all in Nov 2022. Front door w/transom leads to diagonal chiseled tile entry. Eyebrow arches lead to formal dining w/bay window, crown and chair rail moulding. Large family room has corner gas log FP w/custom wood trim mantel. Large kitchen w/42 inch cabinets, undercabinet lighting, breakfast bar. Enjoy NEW 5 burner Whirlpool stainless gas range w/griddle option Breakfast rm w/window seat. Lux primary suite w/mansard ceiling, ceiling fan, dual sinks w/vanity plus jetted tub and large walk in closet. Split floorplan, secondary BRs w/ceiling fans. Falcon Rock residents enjoy quick access to Katy Mills Mall, Typhoon Texas, I-10 commuter route, West Houston Medical Center, Energy Corridor. Zoned to highly acclaimed KISD schools! LOW tax rate! LOW HOA dues! NO FLOODING!!

Investor Tools

$314,813

Estimated Property Value

$232,000Estimated Mortgage Balance

$97,090Estimated Equity

26% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,889 /month

Positive

Cash Flow Estimate:

$630 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$574/month

$275/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,314

$314,813

2025

$82,563

$232,250

$314,813

Tax History

Year

Tax Paid

Assessed Value

2024

$5,314

$314,813

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Vinabach Llc

Balloon

$232,000

First

Jan 31, 2023

Feb 2028

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$217,723

$97,090

30%

69%

$1,391/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$1,666/mo

+$914/mo

9.8%

Learn About the Market: Opportunity in Texas

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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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