See Home Value
$435,000 Last Listed Price
House - Off Market

3518 Dripping Point Lane

Katy, TX 77494
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2626 Sqft
$2,783
Estimated Monthly
$63
HOA / Fees
9.25%
Cap Rate

About This Property

Beautifully updated gem of a home in the desirable Katy community of Pine Mill Ranch that is move in ready.  As you walk in a dramatic, open entry will great you with its high ceilings and swooping staircase.  The main living area also has a 2 story living area that opens to the kitchen and breakfast area. There is a gas log fireplace with a cast stone surround that is perfect for chilly weather.  Upstairs is the game room with 3 bedrooms and a Hollywood Bathroom with separate vanities. There is also a bonus area that can be used for extra storage or a hideaway play area. Updates include recent neutral paint and carpet throughout home, dishwasher, custom drawer pullouts in kitchen cabinets, laminate hardwoods in living and dining areas, the cast stone fireplace surround, wood blinds, . Close to community parks, recreation areas, walking trails and highly rated KATY ISD schools.
Unit Size
2,626Ft²
Days on Market
55 days
Land Size
0.14 acres
Price per sqft
$166
Property Type
House
Property Taxes
$584
HOA Dues
$63
Year Built
2008
Last updated: 3 months ago (HAR #53788702)

Price History

Date / Event Date Event Price
Feb 7, 2024 Sold $392,000 - $478,000
Sold
Jan 15, 2024 In contract -
In contract
Jan 6, 2024 Price Decreased $435,000
↓ $19K (4.2%)
Price Decreased
Dec 14, 2023 Listed by Better Homes and Gardens Real Estate Gary Greene - $454,000
Listed by Better Homes and Gardens Real Estate Gary Greene -

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,922
  • Total Building Area: 3,026
  • Gross Building Area: 3,026
  • Building Area: 2,626
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,626
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINE MILL RANCH SEC 2
  • Land Acres: 0.136
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PINE MILL RANCH SEC 2, BLOCK 1, LOT 10

Ownership

  • Current Owner : ABDULKAREEM DHERAR ISAM
  • Previous Owner : AZER MARIAN N
  • Owner Before Previous Owner: VENDET FRANK J
  • Owner Before Previous Owner 2: VENDET MARGARET C
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Katy Independent School District
  • School Tax School District: S13 G01 D01 M20
  • Census Tract: 673111

Geography

  • Assessors Map Reference: Z-019
  • Parcel: 5797-02-001-0100-914
  • Block: 1
  • Lot: 10
  • Municipality: KATY
  • Latitude: 29.7314
  • Longitude: -95.8289

    Address

  • Full Address: 3518 Dripping Point Ln
  • Address - House Number: 3518
  • Address - Street Name: Dripping Point
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Katy
  • Carrier Code: R013
  • 4-Digit Zip Code: 4393
  • Zip Code: 77494

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,552
  • Tax Rate Code Area: S13

    Appraisal Valuation

  • Standard Deviation: 0.1898
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 395,712
  • High Value: 470,820
  • Low Value: 320,604

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $326,250
  • First Open Lien Mortgage Lender: COMPASS MORTGAGE INC.
  • First Open Lien Mortgage Recording Date: Feb 07, 2024
  • First Open Lien Mortgage Loan Amount: $326,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2054

    Market Valuation

  • Market Total Value: $413,958
  • Market Land Value: $36,750
  • Market Improvement Value: $377,208

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,563
  • Assessed Improvements Value: $377,208

    Sales

  • Current Sale Contract Date: Feb 07, 2024
  • Current Sale Recording Date: Feb 07, 2024
  • Current Sale Transaction ID: 11920688043
  • Current Sale Price: $433,912
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 11767
  • Previous Sale Recording Date: Jul 14, 2015
  • Previous Sale Contract Date: Jun 30, 2015
  • Previous Sale Amount: $269,100
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: COMPASS MORTGAGE INC.
  • First Mortgage Transaction Date: Feb 07, 2024
  • First Mortgage Loan Amount: $326,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 14, 2015
  • Previous Mortgage Loan Amount: $265,567
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2045



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,695 ft²
$400,000 Apr 7, 2022
$360,000 - $440,000 May 20, 2022
$67/mo
House
4 Beds
3 Baths
2,730 ft²
$400,000 Jun 5, 2023
$360,000 - $440,000 Jul 12, 2023
$663/mo
House
4 Beds
4 Baths
3,035 ft²
$360,000 Mar 19, 2021
$324,000 - $396,000 Apr 22, 2021
$736/mo
House
4 Beds
3 Baths
3,347 ft²
$385,000 Aug 25, 2021
$347,000 - $423,000 Nov 30, 2021
$914/mo
House
5 Beds
4 Baths
3,354 ft²
$417,000 May 6, 2021
$376,000 - $458,000 Jul 14, 2021
$795/mo
House
5 Beds
4 Baths
3,765 ft²
$350,000 Mar 20, 2019
$315,000 - $385,000 May 24, 2019
$849/mo
House
4 Beds
3 Baths
2,548 ft²
$169/ft²
$429,900 Oct 27, 2023
-
$726/mo
House
4 Beds
3 Baths
2,664 ft²
$161/ft²
$429,000 Nov 17, 2023
-
$778/mo
House
4 Beds
4 Baths
2,721 ft²
$176/ft²
$480,000 Nov 16, 2023
-
$874/mo
House
4 Beds
4 Baths
2,918 ft²
$171/ft²
$499,000 Nov 24, 2023
-
$1,035/mo
House
3 Beds
2 Baths
2,326 ft²
$161/ft²
$375,000 Jan 18, 2024
-
$63/mo
House
3 Beds
2 Baths
1,821 ft²
$208/ft²
$379,000 Dec 9, 2023
-
$66/mo

About Pine Mill Ranch


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Frequently Asked Questions

When was property at 3518 Dripping Point Lane built and last sold?
The property at 3518 Dripping Point Lane was built in 2008 and last sold on Feb 7, 2024 for $433,912.
How much is this home worth?
The estimated value of the home located at 3518 Dripping Point Lane is $453,449.
What are some comparable homes to 3518 Dripping Point Lane?
Homes that are comparable to 3518 Dripping Point Lane include a house property at 3615 Morning Gale Lane, 26302 Sandahl Court, 3506 Junction Bend Lane.

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