string(15) "hockley.har.com" 507 Governors Place Drive Dr, Katy, TX 77450 - HAR.com LoopMe

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3 Bed(s)
2 Full & 1 Half Bath(s)
2,541 Bldg Sqft.
8,165 Lot Sqft.
Single-Family
43 Day(s) on HAR.com
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General Description

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This newly updated home is MOVE-IN READY and the perfect place for you to hang that Home Sweet Home sign!! Located in the sort after Governors Place Subdivision, this home is minutes away from everything you will need. A short drive on Mason road brings you to I-10 and in the other direction, Grand Pkwy. It's ideal for those looking to downsize, upsize, relocate to katy ISD or for first time home buyers. But wait, there's more! This is also a very good investment opportunity for someone looking to build their real estate portfolio. The home gets a lot of natural sunlight and is very spacious. The living area is the heart of this home as it boasts high ceilings and makes for an inviting space for family and friends to gather. Game room upstairs can be used as a HUGE primary bedroom if so desired. Set up an appointment as soon as possible so that you don't miss out on this gem.

MLS#:
87899750 (HAR)
Sold Price Range:
$325,001 - $370,000
Listing Status:
Sold
Address:
507 Governors Place Drive Dr
City:
Katy
State:
TX
Zip Code:
County:
Legal Description:
LT 5 BLK 2 GOVERNORS PLACE SEC 1
Property Type:
Single-Family
Bedrooms:
3 Bedroom(s)
Baths:
2 Full & 1 Half Bath(s)
Garage(s):
2 / Attached
Stories:
1.5
Style:
Other Style
Year Built:
1981 / Appraisal District
Building Sqft.:
2,541 /Appraisal District
Lot Size:
8,165 Sqft. /Appraisal District
Maintenance Fee:
$ 650 / Annually
Key Map©:
485C
Market Area:


Rooms/Lot Dimensions

Den:
28X16, 1st
Dining:
12X10, 1st
Kitchen:
13X9, 1st
Primary Bedroom:
16X12, 1st
Bedroom:
11X10, 1st
Bedroom:
12X12, 1st
Game Room:
22X18, 2nd



Interior Features

Fireplace:
1
Countertop:
Quarts
Floors:
Laminate
Bedroom Description:
All Bedrooms Down
Room Description:
Breakfast Room, Family Room, Formal Dining, Formal Living, Gameroom Up, 1 Living Area
Cooling:
Central Electric
Heating:
Central Electric
Connections:
Washer Connections
Compactor:
No
Dishwasher:
Yes
Ice Maker:
No
Microwave:
Yes
Oven:
Double Oven
Range:
Gas Cooktop
Disposal:
Yes
Interior:
High Ceiling


Exterior Features

Roof:
Composition
Foundation:
Slab
Private Pool:
No
Exterior Type:
Brick
Lot Description:
Other
Water Sewer:
Water District
Area Pool:
Yes
Exterior:
Back Yard, Back Yard Fenced, Patio/Deck, Private Driveway


Additional Information

Dwelling Type:
Free Standing
List Type:
Exclusive Right to Sell/Lease
HOA Mandatory:
Yes
Buyer Agent Compensation*:
3%
Sub Agent Compensation*:
0%
*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


Financial Information

Financing Considered:
Cash Sale, Conventional, FHA, VA
Other Fees:
No
Maintenance Fee:
Mandatory / $650 / Annually
Taxes w/o Exemp:
$5, 752/2023
Tax Rate:
2.0545


Property Tax

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Cost/sqft based on Market Value
Tax Year Cost/sqft Market Value Change Tax Assessment Change
2023 $131.75 $334,787 14.29% $279,965 10.00%
2022 $115.28 $292,922 26.60% $254,514 10.00%
2021 $91.06 $231,377 6.26% $231,377 6.26%
2020 $85.69 $217,743 0.84% $217,743 0.84%
2019 $84.97 $215,920 0.00% $215,920 0.00%
2018 $84.97 $215,920 0.00% $215,920 0.00%
2017 $84.97 $215,920 0.00% $215,920 8.15%
2016 $84.97 $215,920 4.12% $199,650 10.00%
2015 $81.62 $207,384 9.11% $181,500 10.00%
2014 $74.80 $190,063 26.71% $165,000 10.00%
2013 $59.03 $150,000 6.48% $150,000 6.48%
2012 $55.44 $140,877 $140,877
2023 Harris County Appraisal District Tax Value
Market Land Value: $61,189
Market Improvement Value: $273,598
Total Market Value: $334,787
harris County Appraisal District
2023 Tax Rates
KATY ISD: 1.3048 %
HARRIS COUNTY: 0.3437 %
HC FLOOD CONTROL DIST: 0.0306 %
PORT OF HOUSTON AUTHORITY: 0.0080 %
HC HOSPITAL DIST: 0.1483 %
HC DEPARTMENT OF EDUCATION: 0.0049 %
CIMARRON MUD: 0.3200 %
HC EMERG SRV DIST 48: 0.0869 %
Total Tax Rate: 2.2472 %

Estimated Mortgage/Tax

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$1,819 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 1,295
Estimated Monthly Property Tax (Based on Tax Assessment 2023) $ 524
Home Owners Insurance Get a Quote
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Years
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$

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Use this mortgage calculator to create and estimate your monthly mortgage payment(principal and interest) and estimates for property taxes(based on past rates).

Subdivision Facts

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2023 Subdivision Facts

Subdivision Name:
Governors Place
County / Zip Code:
77450
Single Family Properties:
491
Average Bedrooms:
3.96
Average Baths:
2.96
Median Square Ft.:
2,576
Median Lot Square Ft.:
8,428
Median Year Built:
1990
Median Appraised Value:
$319,001
Neighborhood Value Range:
$263 - $403 K
Median Price / Square ft.:
$141.98

View Price Trends for Governors Place

Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

ASSIGNED SCHOOLS
West Memorial Elementary School Elementary . EE - 05 . KATY ISD
Average |
West Memorial Junior High School Middle . 06 - 08 . KATY ISD
Good |
Taylor High School High . 09 - 12 . KATY ISD
Excellent |

View Nearby Schools

507 Governors Place Drive Dr Katy TX 77450 was recently sold. It is a 0.19 Acre(s) Lot, 2,541 SQFT, 3 Beds, 2 Full Bath(s) & 1 Half Bath(s) in Governors Place Sec.

View all homes on Governors Place Drive

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