21139 Carmel Valley Drive

Katy, TX
$ 160,000 Beds 3 Baths 2 Sq 1,425
Monthly Estimate* How much can I afford?

Investor special! Rare bank-owned property in a highly desirable Katy location with strong upside potential. 21139 Carmel Valley Dr offers an outstanding value-add opportunity for investors, flippers, landlords, or buyers looking to build equity. The home features a spacious layout, generous lot, and solid bones ready for renovation and customization. Priced to reflect its as-is condition, this REO property presents the chance to capitalize on one of the area's most sought-after markets. Zoned to acclaimed Katy ISD and conveniently located near major highways, shopping, dining, and employment centers. Bank owned inventory in this area is limited—don't miss this opportunity to secure this asset with significant upside potential.

Option Period

  • Price
  • $ 160,000
  • City
  • Katy
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • Harris
  • Half Bathrooms
  • 0
  • Area
  • 25 Bear Creek South
  • Lot Size
  • 0.1584 Acres
  • Zip
  • 77449
  • Sqr Footage
  • 1,425
  • Year Built
  • 1979
  • Taxes
  • $ 5685
  • Style
  • MLS#
  • 2762318
Listed By: Premier Haus Realty, LLC;
Data Source: Houston Association of REALTORS® (HAR)

Features

General

Country US
Sewer Public Sewer
Heating Central,Gas
Cooling Central Air,Electric
Roof Composition
Appliances Dishwasher,Gas Cooktop,Disposal,Gas Oven,Microwave,Oven
HOA Fee 325
Garage Spaces 2
Patio/Porch Features Deck,Patio
Architectural Style Traditional
Construction Materials Brick,Cement Siding
Year Built 1979
Stories Count 1
Levels One
Property Subtype Detached
Tax Year 2025
Assoc Fee Paid Per Annually
County Harris
New Construction false
Property Type Residential
HOA true
Attached Garage true
Subdivision Name Settlers Village Sec 01 R/P
Garage Y/N true
Total Rooms 9
Full Baths 2
Status Option Period
Directions From Highway 99, take East Freeman, take right on Settlers Village Dr, take right to 21139 Carmel Valley Dr
ModificationTimestamp 2026-09-17T16:27:03.587-00:00
High School CYPRESS PARK HIGH SCHOOL
City Katy
Disclosures Municipal Utility District Disclosure,None
Association Name Settlers Village HOA/Crest Manage
High School District 13 - Cypress-Fairbanks
MLS Area 25
Lot Size Units Square Feet
Elementary School WALKER ELEMENTARY SCHOOL (CYPRESS-FAIRBANKS)
Tax Annual Amount 5685
Middle/Junior High School ROWE MIDDLE SCHOOL
MLS Area Minor Bear Creek South
Lease Considered Y/N false
Standard Status Pending
Middle/Junior School District 13 - Cypress-Fairbanks
Elementary School District 13 - Cypress-Fairbanks
Year Built Source Public Records
PostalCity Katy
Legal Description LT 3 BLK 5 SETTLERS VILLAGE SEC 1 R/P

Interior Features

Interior Amenities All Bedrooms Down,Breakfast Bar,En Suite Bathroom,Full Bath on Main Level,Kitchen/Family Room Combo,Main Level Primary,Pantry,Tub Shower,Walk-In Closet(s)
Flooring Carpet,Tile,Vinyl
Total Fireplaces 1
Fireplace Features Gas Log
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Washer Hookup,Electric Dryer Hookup
Total Bedrooms 3
Room Type Breakfast Room/Nook,Family Room,Living Room,Utility Room
LivingAreaSource Appraiser
Total Baths 2

Exterior Features

Exterior Amenities Deck,Fence,Patio
Fencing Back Yard
Parking Features Attached,Garage,Garage Door Opener
Lot Features Subdivision
Water Source Public
Lot Size Area 6900
Foundation Details Slab
Building Area Total 1425
Lot Size Acres 0.1584
Lot Size Source Appraiser
Private Pool false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Katy, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School WALKER ELEMENTARY SCHOOL (CYPRESS-FAIRBANKS) Elementary School
Middle School ROWE MIDDLE SCHOOL Middle School
High School CYPRESS PARK HIGH SCHOOL High School

Price History

8/16/2026 Listed $160,000

Property vs Zip Code Average in 77449

Price
AVG $310K
$160K
Taxes
AVG $7,001
$5,685
Year Built
AVG 2006
1979

Areas That We Cover

21139 Carmel Valley Drive Katy, TX is a Single Family Home for sale at $160000 with 1425 sqft and a lot size of 0.1584 Acres Acre(s). 21139 Carmel Valley Drive Katy has 3 bedrooms, 2 baths and was built in 1979. The property's zip code is 77449 which is in Katy, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.