🌊 Lakefront
5001 Almond Terrace Dr · Katy, TX
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +15.0/15.0
- Cash flow +8.1/30.0
- 1% rule +6.2/10.0
- Condition / age +4.8/5.0
- Livability +3.8/5.0
- Rent growth +2.3/5.0
- DSCR +2.2/10.0
- Schools +2.2/10.0
- Appreciation +0.0/10.0
$245,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
LOOK NO FURTHER! GORGEOUS NEW D. R. HORTON BUILT 1 STORY 4 BEDROOM ON PREMIUM LAKEFRONT LOT! Oversized Homesite Overlooking the Lake - WOW! So Many Incredible Features: Vinyl Plank Wood-Look Flooring, Island Kitchen with White Quartz Counters, Undermount Farmhouse-Style Sink, & Stainless Whirlpool Appliances - PLUS Drinking Water Filtration System by DuPure, Four Sides Brick, Covered Patio, Full Sprinkler System in Front AND Back, Tankless Water Heater by Rinnai, PLUS MORE! Excellent Open Concept Interior Layout! Awesome Primary Suite - Luxurious Bath with Dual Sinks, Separate Tub & Shower, & Big Walk-In Closet! Just a Short Walk to the Upcoming Rec Center with Pool, Lazy River, Soccer Fields, Tennis Courts, Dog Park, & Fitness Center! Estimated Completion - November 2023.
Key facts
- Dream chef's kitchen
- No back neighbors
- 7,596 sq ft lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $245k. Condition is rated excellent.
Deal economics
- At list price, monthly cash flow is $-236 ($-3k/yr) — negative.
- To cash-flow at today's rent, offer at most $218k (10.9% below list).
- Meets the 1% rule at list price ($3k rent vs $245k).
- Recommended offer: $216k (12.0% below list) — sets the bar for market timing.
- Cap rate 5.1% vs local median 3.5% in Katy — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 76/100 on livability (#111 in TX, #3,613 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: crime C-, amenities D, commute F.
- Royal ISD (rural): math 23% / reading 23% proficiency, ranked #744 of 826 in TX (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Royal El (math 27% / reading 20%, grade F, #3,247 of 4,322 statewide, top 76%, 762 students, 78% FRL); Royal J H (math 22% / reading 23%, grade F, #1,341 of 1,662 statewide, top 82%, 593 students, 73% FRL); Royal H S (math 17% / reading 26%, grade F, #1,377 of 1,632 statewide, top 85%, 842 students, 71% FRL) — zoned schools at 74% FRL track the district average.
- Market conditions: Rents soft (-0.8%/yr); 4013 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 47d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 483 units permitted in Waller County in 2024 (89 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
- Waller County population projected at +62% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 124 days — a 12% lower offer ($216k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 3y ago; this cycle's ask has dropped $50k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: property tax is 4.5% of price.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 124 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
- What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
- Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.12% ✓
- Cap rate
- 5.14%
- Cash-on-cash
- -4.12%
- DSCR
- 0.82
- GRM
- 7.4
CMA / ARV
- ARV (median comp)
- $438,506
- List price
- $245,000
- Delta
- -44.13%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 5118 Sunvalley Bend Dr | 0.45mi | 4/2.0 | 1,736 (-7%) | 1mo | $256,000 | $147 | 66 |
| 3052 Ash Ray Dr | 0.69mi | 4/2.5 | 1,860 (-0%) | 0mo | $285,000 | $153 | 65 |
| 1464 Sundown Glen Ln | 0.35mi | 3/3.0 (-1) | 1,765 (-6%) | 2mo | $299,990 | $170 | 64 |
| 3072 Huntersville Drive Dr | 0.69mi | 4/2.0 | 1,924 (+3%) | 1mo | $262,991 | $137 | 62 |
| 3020 Fall Gold Ln | 0.69mi | 5/2.0 (+1) | 1,884 (+1%) | 1mo | $298,990 | $159 | 60 |
| 3005 Eagle Bay Dr | 0.66mi | 5/2.0 (+1) | 1,818 (-3%) | 0mo | $303,990 | $167 | 59 |
| 5010 Blessing Dr | 0.62mi | 3/2.0 (-1) | 1,776 (-5%) | 0mo | $307,990 | $173 | 58 |
| 27222 Blue Pool Dr | 0.75mi | 3/2.0 (-1) | 1,841 (-1%) | 1mo | $294,900 | $160 | 57 |
| 5619 Teal Marlene Dr | 0.51mi | 4/3.0 | 2,140 (+15%) | 2mo | $410,525 | $192 | 47 |
| 3061 Baisley Trl | 0.50mi | 5/3.0 (+1) | 2,129 (+14%) | 0mo | $320,990 | $151 | 44 |
| 3029 Baisley Trl | 0.51mi | 5/3.0 (+1) | 2,129 (+14%) | 0mo | $322,990 | $152 | 43 |
| 3089 Alder Flower Dr | 0.75mi | 4/2.0 | 1,627 (-13%) | 0mo | $282,990 | $174 | 43 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -28.1%
- Equity multiple
- 0.09×
- Total profit
- $-62,282
- Equity at exit
- $36,530
- IRR
- -56.9%
- Equity multiple
- -0.50×
- Total profit
- $-102,753
- Equity at exit
- $21,183
Cash invested: $68,600 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Texas
- 87 Strongly Landlord-Friendly · R+5
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 297 active · 202 under contract
- Months of supply
- 8.2 mo (12%/mo absorbed)
- Median asking
- $325,000 ($169/sqft)
- Median days on market
- 79 d
- This list price
- 1% of active listings are priced below it
- ARV vs active asking
- +39.0% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 77493
- Rents YoY
- -0.8%
- Active inventory
- 4013
- Price-to-rent
- 7.4×
Monthly cashflow live
- Estimated rent
- $2,751 high interval (Pro) →
- Mortgage (P&I)
- −$1,285
- Tax from tax record
- −$909 /mo · $10,909/yr
- Insurance
- −$102
- HOA
- −$113
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$578
- Net cashflow
- $-236
Break-even live
Sensitivity live
| Price | -10% $-97 | -5% $-166 | +0% $-236 | +5% $-305 | +10% $-374 |
|---|---|---|---|---|---|
| Rent | -10% $-453 | -5% $-344 | +0% $-236 | +5% $-127 | +10% $-18 |
| Rate | -1.0pp $-112 | -0.5pp $-173 | base $-236 | +0.5pp $-299 | +1.0pp $-364 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $61,250
- Closing costs
- $7,350
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1495 Twilight Green Dr Katy, TX | 3.0 | 2.5 | 2000 | $2,400 | $1.20 | 139d | 1 | 0.25mi |
| 1496 Twilight Green Dr Katy, TX | 4.0 | 2.5 | 2135 | $2,500 | $1.17 | 74d | 1 | 0.28mi |
| 4696 Peony Green Dr Katy, TX | 4.0 | 2.0 | 2156 | $2,395 | $1.11 | 20d | 1 | 0.29mi |
| 4946 Skybluff Dr Katy, TX | 4.0 | 3.0 | 2410 | $2,650 | $1.10 | 74d | 1 | 0.48mi |
| 27064 Beach Ball Dr Katy, TX | 3.0–4.0 | 2.5–3.5 | 1709 | $2,927 | $1.71 | 0d | 23 | 0.50mi |
| 5631 Pearl Vista Dr Katy, TX | 4.0 | 3.0 | 2039 | $3,000 | $1.47 | 38d | 1 | 0.57mi |
| 5631 Pearl Vista Dr Katy, TX | 3.0 | 2.5 | 2116 | $3,050 | $1.44 | 39d | 1 | 0.57mi |
| 5631 Pearl Vista Dr Katy, TX | 3.0 | 2.5 | 2116 | $3,050 | $1.44 | 51d | 1 | 0.57mi |
| 5631 Pearl Vista Dr Katy, TX | 4.0 | 3.0 | 2039 | $3,000 | $1.47 | 69d | 1 | 0.57mi |
| 5631 Pearl Vista Dr Katy, TX | 4.0 | 3.0 | 2039 | $3,000 | $1.47 | 116d | 1 | 0.57mi |
| 5631 Pearl Vista Dr Katy, TX | 4.0 | 3.0 | 2039 | $3,000 | $1.47 | 85d | 1 | 0.57mi |
| 1008 Caramel Shores Dr Katy, TX | 4.0 | 3.0 | 2492 | $3,100 | $1.24 | 39d | 1 | 0.63mi |
| 1024 Greenshank Dr Katy, TX | 4.0 | 3.0 | 2390 | $2,900 | $1.21 | 7d | 1 | 0.65mi |
| 808 Marisol Bay Dr Katy, TX | 4.0 | 3.0 | 2423 | $2,695 | $1.11 | 36d | 1 | 0.65mi |
| 27327 Blue Pool Dr Unit 27327 Katy, TX | 4.0 | 3.0 | 2100 | $2,600 | $1.24 | 47d | 1 | 0.66mi |
| 3004 Fall Gold Ln Katy, TX | 5.0 | 3.0 | 2156 | $3,850 | $1.79 | 139d | 1 | 0.70mi |
| 3004 Fall Gold Ln Katy, TX | 5.0 | 3.0 | 2156 | $2,499 | $1.16 | 87d | 1 | 0.70mi |
| 5819 Bright Keel Dr Katy, TX | 4.0 | 3.0 | 2598 | $2,400 | $0.92 | 139d | 1 | 0.71mi |
| 3083 Wild Dunes Dr Katy, TX | 3.0 | 2.0 | 1538 | $1,845 | $1.20 | 19d | 1 | 0.73mi |
| 3136 Wild Dunes Dr Katy, TX | 4.0 | 2.0 | 1776 | $2,355 | $1.33 | 108d | 1 | 0.73mi |
| 3124 Wild Dunes Dr Katy, TX | 4.0 | 2.0 | 1776 | $2,005 | $1.13 | 19d | 1 | 0.75mi |
| 3071 Wild Dunes Dr Katy, TX | 3.0 | 2.0 | 1538 | $2,020 | $1.31 | 68d | 1 | 0.75mi |
| 3041 Colusa Ridge Dr Katy, TX | 4.0 | 2.5 | 2263 | $2,500 | $1.10 | 108d | 1 | 0.76mi |
| 3112 Wild Dunes Dr Katy, TX | 4.0 | 2.0 | 1776 | $2,005 | $1.13 | 19d | 1 | 0.77mi |
| 27035 Beacon Glen Dr Katy, TX | 2.0–4.0 | 2.0–3.0 | 1890 | $3,949 | $2.09 | 59d | 24 | 0.78mi |
| 27035 Beacon Glen Dr Katy, TX | 2.0–4.0 | 2.0–3.5 | 1890 | $2,800 | $1.48 | 0d | 29 | 0.78mi |
| 27035 Beacon Glen Dr Katy, TX | 3.0 | 2.0 | 1824 | $2,500 | $1.37 | 48d | 1 | 0.78mi |
| 27035 Beacon Glen Dr Unit 315 Katy, TX | 3.0 | 2.0 | 1493 | $2,418 | $1.62 | 47d | 1 | 0.78mi |
| 3056 Sea Turtle Dr Katy, TX | 4.0 | 2.0 | 1500 | $2,200 | $1.47 | 4d | 1 | 0.80mi |
| 4607 Dana Cove Dr Katy, TX | 4.0 | 3.0 | 2152 | $2,500 | $1.16 | 6d | 1 | 0.80mi |
| 3037 Wild Dunes Dr Katy, TX | 3.0 | 2.0 | 1538 | $2,164 | $1.41 | 120d | 1 | 0.84mi |
| 3020 Wild Dunes Dr Katy, TX | 4.0 | 2.0 | 1776 | $2,005 | $1.13 | 19d | 1 | 0.85mi |
| 5822 Majestic Sky Dr Katy, TX | 3.0 | 2.5 | 1634 | $2,249 | $1.38 | 20d | 1 | 0.85mi |
| 3048 Majestic Sunrise Dr Katy, TX | 4.0 | 2.0 | 1670 | $1,945 | $1.16 | 19d | 1 | 0.90mi |
| 409 Aurora Creek Ln Katy, TX | 4.0 | 3.0 | 1964 | $2,100 | $1.07 | 68d | 1 | 0.92mi |
| 3057 Majestic Sunrise Dr Katy, TX | 4.0 | 2.0 | 1644 | $1,900 | $1.16 | 19d | 1 | 0.92mi |
| 27507 Hudson Sands Ln Katy, TX | 4.0 | 3.0 | 2294 | $3,000 | $1.31 | 0d | 1 | 0.94mi |
| 3083 Sunset Glory Dr Katy, TX | 4.0 | 3.0 | 2279 | $2,300 | $1.01 | 89d | 1 | 0.94mi |
| 3076 Dylan Skyland Dr Katy, TX | 4.0 | 2.5 | 2240 | $3,395 | $1.52 | 93d | 1 | 0.94mi |
| 27507 Hudson Sands Ln Katy, TX | 4.0 | 3.0 | 2294 | $3,000 | $1.31 | 41d | 1 | 0.94mi |
Property features AI
Finance
- HOA & community
- Association: Grand ManorsAnnual association fee: $1,350
Exterior
- Parking
- Attached 2-car garage
- Utilities
- Public waterPublic sewer
- Home design
- Residential propertySingle-story (all main rooms listed on first floor)Slab foundation
- Construction
- Built in 2023Brick and stone constructionComposition roof
- Exterior features
- Subdivision lot
Interior
- Kitchen
- DishwasherDisposalMicrowave
- Bedrooms
- Primary bedroom on first floor (approx. 16 x 13)Three additional bedrooms on first floor (each approx. 11 x 11) — bedrooms possible: 4
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heating (gas)Central electric air conditioning
- Interior features
- Kitchen/Dining comboBreakfast nookFamily room
HOA detail $113/mo · $1,356/yr
- Likely covers
- waterpoolgym
Listing history 50 events
-
2026-09-24days on market $245,000 Active 124 DOM
-
2026-09-23days on market $245,000 Active 123 DOM
-
2026-09-22days on market $245,000 Active 122 DOM
-
2026-09-21days on market $245,000 Active 121 DOM
-
2026-09-20days on market $245,000 Active 120 DOM
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2026-09-19days on market $245,000 Active 119 DOM
-
2026-09-18days on market $245,000 Active 118 DOM
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2026-09-17days on market $245,000 Active 117 DOM
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2026-09-16days on market $245,000 Active 116 DOM
-
2026-09-15days on market $245,000 Active 115 DOM
-
2026-09-14days on market $245,000 Active 114 DOM
-
2026-09-13days on market $245,000 Active 113 DOM
-
2026-09-12days on market $245,000 Active 112 DOM
-
2026-09-11days on market $245,000 Active 111 DOM
-
2026-09-05days on market $245,000 Active 105 DOM
-
2026-09-04days on market $245,000 Active 104 DOM
-
2026-09-02days on market $245,000 Active 102 DOM
-
2026-08-31days on market $245,000 Active 100 DOM
-
2026-08-29days on market $245,000 Active 98 DOM
-
2026-08-28days on market $245,000 Active 97 DOM
-
2026-08-27days on market $245,000 Active 96 DOM
-
2026-08-26days on market $245,000 Active 95 DOM
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2026-08-25days on market $245,000 Active 94 DOM
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2026-08-24days on market $245,000 Active 93 DOM
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2026-08-23days on market $245,000 Active 92 DOM
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2026-08-22days on market $245,000 Active 91 DOM
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2026-08-21days on market $245,000 Active 90 DOM
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2026-08-20days on market $245,000 Active 89 DOM
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2026-08-19days on market $245,000 Active 88 DOM
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2026-08-18days on market $245,000 Active 87 DOM
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2026-08-17days on market $245,000 Active 86 DOM
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2026-08-16days on market $245,000 Active 85 DOM
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2026-08-15days on market $245,000 Active 84 DOM
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2026-08-14days on market $245,000 Active 83 DOM
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2026-08-13days on market $245,000 Active 82 DOM
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2026-08-12days on market $245,000 Active 81 DOM
-
2026-08-11days on market $245,000 Active 80 DOM
-
2026-08-10days on market $245,000 Active 79 DOM
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2026-08-09days on market $245,000 Active 78 DOM
-
2026-08-08days on market $245,000 Active 77 DOM
-
2026-08-06days on market $245,000 Active 75 DOM
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2026-08-05days on market $245,000 Active 74 DOM
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2026-08-04days on market $245,000 Active 73 DOM
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2026-08-03days on market $245,000 Active 72 DOM
-
2026-07-31days on market $245,000 Active 69 DOM
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2026-07-30days on market $245,000 Active 67 DOM
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2026-07-28days on market $245,000 Active 66 DOM
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2026-07-26days on market $245,000 Active 64 DOM
-
2026-07-24days on market $245,000 Active 62 DOM
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2026-07-23days on market $245,000 Active 61 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast TX · Resets to sale price
- Current annual tax
- $10,909 · $909/mo
- Projected year-2 tax
- $10,909 · $909/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $33,014
- − Mortgage interest
- −$13,724
- − Property taxes
- −$10,909
- − Insurance
- −$1,225
- − Repairs & maintenance
- −$2,641
- − Management
- −$2,641
- − HOA
- −$1,356
- − Depreciation
- −$7,127
- Taxable loss
- −$6,609
- Est. tax savings @ 24.0%
- +$1,586
- After-tax cash flow
- $-1,240/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 6 photos
This beautiful, move-in-ready home features an open-concept floor plan with ample cabinet space and storage. The home is in excellent condition with no visible damage and a well-maintained exterior and landscaping. The home's curb appeal and interior walls can be enhanced with a fresh coat of paint and some landscaping improvements.
Value-add opportunities
- Resale Paint interior walls — Fresh paint can enhance the home's curb appeal and make it more inviting. ↑
- Both Replace flooring — Vinyl plank flooring may need replacement for a more modern look and better durability. ↑
- Resale Upgrade kitchen appliances — Upgrading to more modern appliances can increase the home's appeal and value. ↑
- Both Landscaping improvements — Enhancing the landscaping can improve curb appeal and increase the home's rental value. ↑
- Both Add smart home features — Smart home features can increase the home's appeal and value, making it more attractive to buyers and renters alike. ↑
Zoned Schools
Schools (NCES district)
- District
- Royal ISD
- NCES district ID
- 4838190
- Math proficiency
- 23% ▼ -11.00%
- Reading proficiency
- 23% ▼ -6.00%
- Median HH income
- $41,059
- Composite
- 19.55/100
- National rank
- #8760
- State rank
- #744 of 826 in TX
Livability — Katy
- Score
- 76/100
- State rank
- #111
- US rank
- #3613
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Harris County · 60,772 people
- City population
- 413,575
- Metro
- Houston-The Woodlands-Sugar Land, TX
- Population (ZIP)
- 71,484
- Household income
- $118,464
- Rent vs Own
- Severe rent burden
- 21% of renters
Population outlook (Waller County) Hauer SSP2
- Today (2025)
- 60,772 people
- By 2030
- 67,616 · +11.3%
- By 2040
- 82,283 · +35.4%
- By 2050
- 98,276 · +61.7%
- By 2075
- 142,860 · +135.1%
- By 2100
- 175,596 · +188.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Highly diverse neighborhood (Simpson 0.73)
- Race & ethnicity
- White 36% Hispanic / Latino 33% Two or more races 16% Black 15% Asian 12%
- Hispanic origin (detail)
- Mexican 20%
- Common ancestry
- Lithuanian 2% Slovak 1% Italian 1%
- Foreign-born
- 21% · Canada, Vietnam, Jamaica
- Languages at home
- 64% English-only · Spanish 22% Vietnamese 5% French/Haitian/Cajun 4%
Political lean MEDSL · Waller
- 2024 margin
- Strong R (+25.0) · D 37.0% · R 62.0% · Other 1.0%
- 2008→2024 swing
- -17.9pp toward R · 2008: -7.2pp · 2024: -25.0pp
- All cycles
- 2024: R+25.0 2020: R+26.7 2016: R+28.6 2012: R+17.6 2008: R+7.2
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -140.65%
- Current HPI
- 233.1683
- Rent YoY
- ▼ -0.80%
- Metro
- Houston-The Woodlands-Sugar Land, TX
- State GDP YoY
- ▲ 3.95%
- F500 in state
- 110
Industry mix (Fortune 500 HQ in TX)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Energy | 16 | $1,198B |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
-30.1% since first listed7 events — show timeline
- 2026-06-12 Price Changed $245,000 HARMLS
- 2026-05-23 Listed $295,000 HARMLS
- 2024-04-01 Sold (MLS) — HARMLS
- 2024-02-26 Pending — HARMLS
- 2024-02-09 Relisted — HARMLS
- 2023-12-04 Pending — HARMLS
- 2023-11-08 Listed $350,440 HARMLS
Property tax history
+106.0%/yrLatest (2025): $10,909 · +79.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…