$515,000

19315 & 19311 Lazy Valley Dr Katy, TX 77449

Estimated payment $3,280/month

Total Views 143
4 Beds
2 Baths
3,035 Sq Ft
$170 Price per Sq Ft

Highlights

  • Engineered Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property
  • Mayde Creek High School Rated A-

About This Home

Turnkey investment opportunity! This fully rented, recently renovated duplex features two spacious units—one with 4 bedrooms and 2 bathrooms, and the other with 3 bedrooms and 2 bathrooms. Located in a high-demand area with easy access to major highways, shopping centers, and everyday conveniences. Zoned to the highly acclaimed Katy ISD, this property offers both stability and long-term value. Ideal for investors looking to generate immediate income with minimal hassle. Don't miss your chance to own a cash-flowing asset in a thriving area!

Listing Agent

Amy Wokoun

Keller Williams Realty Southwest License #0797749 Listed on: 08/18/2025

Keller Williams Realty Southwest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,252

Year Built

  • Built in 1980

HOA Fees

  • $36 Monthly HOA Fees

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 3,035 Sq Ft Home
  • 1-Story Property

Flooring

  • Engineered Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Rhoads Elementary School
  • Cardiff Junior High School
  • Mayde Creek High School

Additional Features

  • 5,405 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Preferred Management Services Association
  • Silvermill Sec 01 R/P Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,252

Year Built

Built in 1980

Lot Details

0

HOA Fees

$36 per month

Listing Details

  • Directions: Beginning on I-45 N, use the left 2 lanes to take exit 48B to merge onto I-10 W toward San Antonio. Keep right to stay on I-10 W. Continue onto I-10 W. Take exit 747B toward Greenhouse Rd. Merge onto Interstate 10 Frontage Rd. Continue straight onto Interstate 10 Frontage Rd W. Use the right 2 lanes to turn right onto Greenhouse Rd. Turn left onto Morton Rd. Turn right onto Deermoss Dr. Turn right at the 1st cross street onto Lazy Valley Dr.
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1980
  • Subdivision Name: Silvermill Sec 01 R/P
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Engineered Hardwood, Tile, Vinyl, Wood
  • Living Area: 3035.0

Exterior Features

  • Disclosures: Municipal Utility District Disclosure, Seller Disclosure
  • Roof: Composition
  • Construction Type: Brick

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 430.0
  • Association Fee Frequency: Annually
  • Association Name: Preferred Management Services

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: RHOADS ELEMENTARY SCHOOL
  • Junior High Dist: 30 - Katy
  • High School: MAYDE CREEK HIGH SCHOOL
  • Middle Or Junior School: CARDIFF JUNIOR HIGH SCHOOL

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5252.0

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,252 $209,682 $36,256 $173,426
2023 $5,252 $191,937 $36,256 $155,681
2022 $4,675 $177,069 $31,485 $145,584
2021 $4,010 $142,080 $26,238 $115,842
2020 $4,205 $139,957 $26,238 $113,719
2019 $3,962 $126,510 $18,605 $107,905
2018 $2,644 $117,951 $18,605 $99,346
2017 $3,748 $117,951 $18,605 $99,346
2016 $2,000 $108,635 $18,605 $90,030
2015 $1,045 $94,128 $18,605 $75,523
2014 $1,045 $70,353 $18,605 $51,748
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $515,000 -- $170 / Sq Ft
Source: Houston Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Deed -- Riverway Title
Warranty Deed -- American Title Co
Interfamily Deed Transfer -- United Title Of Texas
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $156,800 New Conventional
Previous Owner $65,600 Credit Line Revolving
Source: Public Records

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Source: Houston Association of REALTORS®

MLS Number: 86772516

Houston Association of REALTORS®

APN: 1146680030070