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1242 Park Ln; Katy, TX Property Details

1242 Park Ln, Katy, TX is a Single Family that was built in 1982. This property is currently a cash purchase and is not for sale. Our records show that 1242 Park Ln has 4 bedrooms, and 2 bathrooms, and a total of 1,807 square feet. The lot size of 1242 Park Ln is 6,300 square feet.

For Rent
1242 Park Ln Katy, TX 77450
$2,075 Listing Price
4 Beds
2 Baths
1,807 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1982
  • Est. Equity / %: $271,000 / 100%
  • Gross Yield: 10.388%
  • APN: 114-413-051-0024
  • Situs County: Harris
  • Length Of Ownership: 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Building Condition: Average
  • Building Quality: C
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,807/SqFt
  • Lot: 6,300/SqFt
  • Gross: 1,807/SqFt
  • Garage: 435/SqFt
  • Living: 1,807/SqFt
  • Building: 1,807/SqFt
  • Ground: 1,807/SqFt

Legal Description

  • Description: LT 24 BLK 51 MEMORIAL PARKWAY SEC 11
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Katy Independent School District
  • Lat / Lon: 29.76373 / -95.74954
  • Subdivision: Memorial Parkway Sec 11
  • Property Class: Residential
  • County Use Code: 1001

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4613
  • Bathroom Fixtures: 1
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Central
  • Parking: 2

HOA

  • H O A One: $425
  • H O A Amount: $425
  • H O A One Frequency: Annual
  • H O A One Name: Memorial Parkway Community Association
  • H O A One Type: Home Owner Association
  • H O A Two Name: Memorial Parkway Ca
  • H O A Two Type: Home Owner Association

Ownership Info

1242 Park Ln has no associated ownership info
1242 Park Ln has no associated ownership info.

Taxes

1242 Park Ln has 10 associated Taxes items

1242 Park Ln, Katy, TX pays taxes in Harris County, TX. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $267,427. The APN we've located for 1242 Park Ln is 114-413-051-0024.

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Taxes
  • Assessed Value:  $267,427
  • Assessed Year:  2026
  • Assessed County:  Harris
  • APN:  114-413-051-0024
  • Assessed Land Value:  95004
  • Market Land Value:  95004
  • Tax Amount:  4395.21
  • Tax Year:  2025
  • Market Value:  267427
  • Market Year:  2026

Tax History

1242 Park Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $267,427 Land Value $95,004 Improvement Value $172,423 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,395.21 Change Rate -0.215381% Assessed CR Tax Rate
Year 2024 Assessed Value $269,917 Land Value $73,080 Improvement Value $196,837 Tax Amount $5,601.71 Change Rate +0.067902% Assessed CR Tax Rate +0.020753%
Year 2023 Assessed Value $259,745 Land Value $73,080 Improvement Value $186,665 Tax Amount $5,245.53 Change Rate +0.002442% Assessed CR Tax Rate +0.020195%
Year 2022 Assessed Value $237,616 Land Value $73,080 Improvement Value $164,536 Tax Amount $5,232.75 Change Rate +8.230464% Assessed CR Tax Rate +0.022022%
Year 2021 Assessed Value $195,032 Land Value $43,848 Improvement Value $151,184 Tax Amount $566.9 Change Rate -0.864969% Assessed CR Tax Rate +0.002907%
Year 2020 Assessed Value $175,485 Land Value $43,848 Improvement Value $131,637 Tax Amount $4,198.28 Change Rate +0.035286% Assessed CR Tax Rate +0.023924%
Year 2019 Assessed Value $190,618 Land Value $32,886 Improvement Value $157,732 Tax Amount $4,055.19 Change Rate +0.092387% Assessed CR Tax Rate +0.021274%
Year 2018 Assessed Value $164,858 Land Value $32,886 Improvement Value $131,972 Tax Amount $3,712.23 Change Rate +0.086102% Assessed CR Tax Rate +0.022518%
Year 2017 Assessed Value $164,858 Land Value $32,886 Improvement Value $131,972 Tax Amount $3,417.94 Change Rate -0.086918% Assessed CR Tax Rate +0.020733%
Year 2016 Assessed Value $164,858 Land Value $32,886 Improvement Value $131,972 Tax Amount $3,743.3 Change Rate Assessed CR Tax Rate +0.022706%
Year 2015 Assessed Value $154,140 Land Value $32,886 Improvement Value $121,254 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $142,307 Land Value $32,886 Improvement Value $109,421 Tax Amount $3,186.46 Change Rate Assessed CR Tax Rate +0.022391%