$278,000 - $299,000
RENTED NOV 20, 2024

3122 Palacious Falls Ln Katy, TX 77449

Bridgewater Neighborhood
3 Beds
2.5 Baths
1,569 Sq Ft
$184 Price per Sq Ft

Highlights

  • Deck
  • Pond
  • High Ceiling
  • Morton Ranch Elementary School Rated A-
  • Traditional Architecture
  • Granite Countertops

About This Home

As of November 2024

Charming 2 story 3 bedrooms/2.5 bathrooms/2 car garage home in Waterstone subdivision in Katy! Open concept living breakfast and kitchen, formal dining, family room, and bedrooms with split plan. Open generous sized family room. Conveniently located on the first floor, the primary bedroom features a walk-in closet and en-suite bathroom with double sinks, soaking tub, and separate freestanding shower. The second floor has brand-new carpeting, two spacious bedrooms with walk-in closets, full bath, and a flexible space ideal for a game room or home office. Great backyard for everyone to enjoy.  The community has walking trails, pools, lakes. Excellent schools, zoned to highly acclaimed Katy ISD. Convenient location with quick and easy access to TX-99 N and I-10, Richmond, Cypress and City Center area of Houston. Just minutes away from Katy Mills and all major newly developed shopping centers. Ready for immediate move in upon approval. Make your appointment today!

Last Agent to Rent the Property

Jay Thomas

eXp Realty LLC License #0550416 Listed on: 10/19/2024

eXp Realty LLC

Last Renter's Agent

Bernadette Harris

eXp Realty LLC License #0776670

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,230

Year Built

  • Built in 2012

Lot Details

  • 5,649 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,569 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Attic Fan
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Range
  • <<microwave>>
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Single Vanity
  • Soaking Tub
  • Separate Shower

Eco-Friendly Details

  • Energy-Efficient Thermostat
  • Ventilation

Outdoor Features

  • Pond
  • Deck
  • Patio

Schools

  • Morton Ranch Elementary School
  • Mcdonald Junior High School
  • Morton Ranch High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Programmable Thermostat

Listing and Financial Details

  • Property Available on 10/19/24
  • Long Term Lease

Community Details

Overview

  • Waterstone Community Association
  • Waterstone Subdivision

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,230

Year Built

Built in 2012

Lot Details

0

Parking

2

Rental Info

  • Lease Term: Long Term
  • Available Date: 2024-10-19

Listing Details

  • Directions: From Grand Parkway, Exit Morton Road and go east on Morton Road. Left on Waterstone Falls Dr., right on Waterstone Crest Dr., left on Sabine Spring Lane, right on Palacious Falls Lane. Home is on the right.
  • Property Sub Type: Detached
  • Prop. Type: Residential Lease
  • Building Stories: 2
  • Year Built: 2012
  • Lot Size Acres: 0.1297
  • Subdivision Name: Waterstone
  • Architectural Style: Detached, Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Thermostat
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Pets No Pets Comments: PetDepositDescription:na
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Oven, Disposal, Gas Range, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Laminate, Tile
  • Interior Amenities: Breakfast Bar, Granite Counters, High Ceilings, Kitchen/Family Room Combo, Bath in Primary Bedroom, Pantry, Soaking Tub, Separate Shower, Vanity, Ceiling Fan(s), Living/Dining Room, Programmable Thermostat
  • Living Area: 1569.0
  • Dining Room Type: Living Room, Half Bath
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Other
  • Fencing: Back Yard
  • Lot Features: Subdivision, Pond on Lot
  • Pool Features: Association
  • Pool Private: No
  • Exterior Features: Deck, Fence, Patio
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, Attic Fan
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Community Pool
  • Amenities: Picnic Area, Playground, Pool, Trail(s)
  • Association Name: Waterstone Community Association
  • Pets Allowed: No

Schools

  • Elementary School: MORTON RANCH ELEMENTARY SCHOOL
  • Junior High Dist: 30 - Katy
  • High School: MORTON RANCH HIGH SCHOOL
  • Middle Or Junior School: MCDONALD JUNIOR HIGH SCHOOL

Green Features

  • Green Indoor Air Qlty: Ventilation

Lot Info

  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2012
Sold by
Beazer Homes Texas Lp
Bought by
Oyelaja Olalekan
Current Estimated Value
$289,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,200
Outstanding Balance
$9,934
Interest Rate
3.35%
Mortgage Type
Stand Alone Second
Estimated Equity
$279,093
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oyelaja Olalekan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oyelaja Olalekan $14,200
Open Oyelaja Olalekan $128,272
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2024 11/20/24 Rented $1,900 0.0% --
11/14/2024 11/14/24 Under Contract -- -- --
10/19/2024 10/19/24 For Rent $1,900 +2.7% --
09/14/2022 09/14/22 Off Market $1,850 -- --
09/01/2022 09/01/22 Rented $1,850 0.0% --
08/19/2022 08/19/22 Under Contract -- -- --
08/04/2022 08/04/22 For Rent $1,850 -- --
Source: Houston Association of REALTORS®

Tax History Compared to Growth

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 $7,230 $263,341 $54,836 $208,505
2023 $7,230 $256,056 $54,836 $201,220
2022 $7,266 $248,232 $45,696 $202,536
2021 $6,030 $193,054 $36,035 $157,019
2020 $5,723 $172,377 $31,334 $141,043
2019 $5,898 $172,377 $31,334 $141,043
2018 $3,048 $161,276 $26,112 $135,164
2017 $5,950 $168,958 $26,112 $142,846
2016 $5,695 $164,213 $26,112 $138,101
2015 $4,812 $147,000 $26,112 $120,888
2014 $4,812 $144,972 $26,112 $118,860
Source: Public Records

Agents Affiliated with this Home

  • Jay Thomas

    Landlord's Agent in 2024

    Jay Thomas

    eXp Realty LLC

    (832) 889-5607

    245 Total Sales

    Jay Thomas
    Section Image
  • Bernadette Harris

    Tenant's Agent in 2024

    Bernadette Harris

    eXp Realty LLC

    (559) 530-1173

    18 Total Sales

    Bernadette Harris
    Section Image
See All Agents

Map

Source: Houston Association of REALTORS®

MLS Number: 58370987

Houston Association of REALTORS®

APN: 1321810010018

Texas Harris County Katy 77449 Bridgewater

3122 Palacious Falls Ln, Katy, TX

This home is located at 3122 Palacious Falls Ln, Katy, TX 77449 since 19 October 2024 and is currently priced at $289,027. This property was built in 2012. 3122 Palacious Falls Ln is a home located in Harris County with nearby schools including Morton Ranch Elementary School, T.H. McDonald Junior High School, and Morton Ranch High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Houston Association of REALTORS® Copyright 2025, Houston REALTORS® Information Service, Inc.
The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes