Katy Edition | June 2022

REAL ESTATE

Featured neighborhood

MARKET DATA FOR MAY

YOUNG RANCH, 77494 The Young Ranch community, located just south of the Katy Freeway, is a Lennar homes community that features a lap pool, a beach area, a splash pad and a playground.

529

HOMES SOLDAVERAGE DAYS ON THE MARKET 77094 77441

77493

77449

99 TOLL

77449 77450 77493 77494

77494

77094

$900,000 +

3/9

10/7

4/8

5/26

15/8

77441

$800,000-$899,999

2/20

10/6

2/10

3/5

12/7

1093

77450

$700,000-$799,999

2/20

12/12

4/9

9/19

11/5

Homes on the market* 1 Median home value $319,090 Homes under contract* 17 Average days on the market* 11 Median annual property taxes $10,069 Median price per square foot $165.50

$600,000-$699,999

1/6

15/8

3/5

20/11

21/5

Build-out year: 2016 Number of homes: 701

$500,000-$599,999

4/5

12/31

10/5

17/5

37/5

$400,000-$499,999

1/3

5/8

7/6

17/6

36/8

52/5

Square footage range: 2,199-4,234 Home values: $240,000-$427,000 HOA dues (estimated): $1,100 annually Schools: Katy ISD and Lamar CISD Property taxes (in dollars): City of Katy 0.447168 Fort Bend County 0.435876

$300,000-$399,999

2/9

13/9

65/5

29/5

79/6

32/6

$200,000-$299,999

73/5

20/5

33/5

2/3

$199,999 or less

8/12

31/16

132/11

66/9

96/12

146/12

MEDIAN PRICE OF HOMES SOLD WITH YEAROVERYEAR PERCENTAGE CHANGE

2021

2022

77094 77441

77449 77450 77493

77494

Fort Bend County Drainage District

0.017331 1.388800 1.269100

$700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0

Katy ISD** Lamar CISD

+23.86%

+29.87%

Fort Bend-Waller Municipal Utility District No. 3

+6.44%

0.930000 Total (per $100 valuation) 3.219175** or 3.099475

+14.07%

+16.3% 3.85%

NEIGHBORHOOD DATA PROVIDED BY CHARLIE RUSSO REMAX SIGNATURE 7138514871 WWW.CHARLIERUSSOREALTY.COM

*AS OF JUNE **TAX RATE VARIES DEPENDING ON WHICH DISTRICT A HOME IS IN.

Recently sold homes in Young Ranch

29031 Knollwood Trail Lane 5 beds/4 baths

29423 Pewter Run Lane 4 beds/3.5 baths

28643 Oakmist Point Lane 3-4 beds/2.5 baths

3,359 sq. ft.

3,639 sq. ft.

2,241 sq. ft.

Address, City bedroom/bath

Sold for $552,001-$627,000 on June 2

Sold for $552,001-$627,000 on May 27

Sold for $482,001-$552,000 on June 2

X,X sq. ft.

Sold for $X,X on Mo Day

FREE Computer Generated Equity Analysis I KNOW WHAT YOU ARE THINKING! Have you checked the value of your home recently? It may be time for you to sell. IF YOU COULD GET A GREAT SALE PRICE, WOULD YOU SELL? If the answer is yes, call, text, or email me today!

DO YOU KNOW WHAT YOUR PROPERTY IS WORTH TODAY? OVER $47,000

Premium MLS Content SCAN FOR HOME VALUE

Charlie Russo

Direct/Text 713.851.4871 · Charlie@CharlieRussoRealty.com · www.CharlieRussoRealty.com

KATY EDITION • JUNE 2022