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7314 Penny Ln; Katy, TX Property Details

7314 Penny Ln, Katy, TX is a Single Family that was built in 2003. This property is currently Financed and is not for sale. Our records show that 7314 Penny Ln has 5 bedrooms, and 3 bathrooms, and a total of 4,740 square feet. The lot size of 7314 Penny Ln is 18,203 square feet.

Off market
7314 Penny Ln Katy, TX 77494
$6,652,000 Listing Price
5 Beds
3 Baths
4,740 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2003
  • Purchase Price: $680,000
  • Open Loans / Balance: 1 / $388,563
  • Est. Equity / %: $540,437 / 58.17%
  • Gross Yield: 8.441%
  • APN: 6780-04-003-0040-914
  • Situs County: Fort Bend
  • Length Of Ownership: 13 years, 9 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full Bathrooms: 3

Structure

  • Stories: 2
  • Exterior Wall Type: Brick veneer
  • Building Condition: Very Good
  • Roof Type: Gable Or Hip
  • Pool Type: Yes
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 4,740/SqFt
  • Lot: 18,203/SqFt
  • Gross: 5,320/SqFt
  • Garage: 580/SqFt
  • Living: 4,740/SqFt
  • Building: 5,320/SqFt
  • Ground: 2,633/SqFt
  • Price Per Square Foot: $143.46

Legal Description

  • Description: SEVEN MEADOWS SEC 4, BLOCK 3, LOT 4
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: 29.708706 / -95.79143
  • Subdivision: Seven Meadows Sec 4
  • Property Class: Residential
  • Zoning: J
  • County Use Code: A1

Amenities

  • Pool: true
  • Plus Four: 0158
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Central
  • Parking: 4

HOA

  • H O A One: $1,300
  • H O A Amount: $1,300
  • H O A One Frequency: Annual
  • H O A One Name: Seven Meadows Community Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

7314 Penny Ln has no associated ownership info
7314 Penny Ln has no associated ownership info.

Taxes

7314 Penny Ln has 10 associated Taxes items

7314 Penny Ln, Katy, TX pays taxes in Fort Bend County, TX. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $963,929. The APN we've located for 7314 Penny Ln is 6780-04-003-0040-914.

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Taxes
  • Assessed Value:  $963,929
  • Assessed Year:  2026
  • Assessed County:  Fort Bend
  • APN:  6780-04-003-0040-914
  • Assessed Land Value:  156757
  • Market Land Value:  156757
  • Tax Amount:  17060.68
  • Tax Year:  2025
  • Market Value:  963929
  • Market Year:  2026

Tax History

7314 Penny Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $963,929 Land Value $156,757 Improvement Value $807,172 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $17,060.68 Change Rate +0.029687% Assessed CR Tax Rate
Year 2024 Assessed Value $840,829 Land Value $111,784 Improvement Value $729,045 Tax Amount $16,568.81 Change Rate +0.526739% Assessed CR Tax Rate +0.019705%
Year 2023 Assessed Value $764,390 Land Value Improvement Value $787,175 Tax Amount $10,852.42 Change Rate -0.074595% Assessed CR Tax Rate +0.014197%
Year 2022 Assessed Value $694,900 Land Value Improvement Value $700,210 Tax Amount $11,727.21 Change Rate +0.054484% Assessed CR Tax Rate +0.016876%
Year 2021 Assessed Value $631,730 Land Value $109,620 Improvement Value $522,110 Tax Amount $11,121.28 Change Rate -0.263315% Assessed CR Tax Rate +0.017604%
Year 2020 Assessed Value $627,440 Land Value $100,490 Improvement Value $526,950 Tax Amount $15,096.39 Change Rate -0.017713% Assessed CR Tax Rate +0.02406%
Year 2019 Assessed Value $623,910 Land Value $100,490 Improvement Value $523,420 Tax Amount $15,368.62 Change Rate +0.185416% Assessed CR Tax Rate +0.024633%
Year 2018 Assessed Value $671,290 Land Value $100,490 Improvement Value $570,800 Tax Amount $12,964.75 Change Rate Assessed CR Tax Rate +0.019313%
Year 2017 Assessed Value $701,520 Land Value $100,490 Improvement Value $601,030 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $656,790 Land Value $100,490 Improvement Value $556,300 Tax Amount $16,801.17 Change Rate +0.306661% Assessed CR Tax Rate +0.025581%
Year 2015 Assessed Value $660,080 Land Value $100,490 Improvement Value $559,590 Tax Amount $12,858.09 Change Rate +0.005317% Assessed CR Tax Rate +0.01948%
Year 2014 Assessed Value $646,940 Land Value $100,490 Improvement Value $546,450 Tax Amount $12,790.09 Change Rate Assessed CR Tax Rate +0.01977%