| Elementary | WALKER EL | B |
| Middle | ROWE MIDDLE | B |
| High | CYPRESS PARK H S CCMR 72% · Grad 96% | B |
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.
| Property Type | Residential |
| Property Sub Type | Detached |
| Architectural Style | Traditional |
| Year Built | 1979 |
| Year Built Source | PublicRecords |
| New Construction | No |
| Stories | 1 |
| Levels | One |
| Living Area | 1,425 sq ft |
| Living Area Source | Appraiser |
| Building Area Total | 1,425 sq ft |
| Foundation | Slab |
| Construction | Brick, Cement Siding |
| Roof | Composition |
| Bedrooms | 3 |
| Bathrooms (total) | 2 |
| Bathrooms Full | 2 |
| Bathrooms Half | 0 |
| Rooms Total | 9 |
| Fireplaces | 1 |
| Fireplace Features | Gas Log |
| Interior Features | 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 Closets |
| Flooring | Carpet, Tile, Vinyl |
| Appliances | Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Oven |
| Laundry | Washer Hookup, Electric Dryer Hookup |
| Exterior Features | Deck, Fence, Patio |
| Patio / Porch | Deck, Patio |
| Fencing | Back Yard |
| Pool Private | No |
| Garage Spaces | 2 |
| Attached Garage | Yes |
| Parking Features | Attached, Garage, Garage Door Opener |
| Lot Size (acres) | 0.1584 |
| Lot Size Source | Appraiser |
| Lot Features | Subdivision |
| County | Harris |
| MLS Area Major | 25 |
| MLS Area Minor | Bear Creek South |
| Subdivision | Settlers Village Sec 01 R/P |
| Postal Code | 77449 |
| Heating | Central, Gas |
| Cooling | Central Air, Electric |
| Water Source | Public |
| Sewer | Public Sewer |
| HOA | Yes |
| HOA Fee | $325 |
| HOA Fee Frequency | Annually |
| HOA Name | Settlers Village HOA/Crest Manage |
| Tax Annual Amount | $5,685 <small style="color:#6b7280">· from 2025 county roll</small> |
| Tax Year | 2025 (county roll) |
| Tax Rate (est.) | 3.55% |
| Parcel # | 111-500-000-0003 |
| Legal Description | LT 3 BLK 5 SETTLERS VILLAGE SEC 1 R/P |
| Listing Terms | Cash, Conventional, Investor Financing |
| Lease Considered | No |
| Disclosures | Municipal Utility District Disclosure, None |
| Primary Bedroom | 16x14 |
| Bedroom | 12x12 |
| Bedroom | 12x10 |
| Kitchen | 14x8 |
| Utility Room | 3x7 |
| Family Room | — |
| Breakfast Room Nook | 10x10 |
| Primary Bathroom | — |
| Bathroom | — |
The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.
Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.
Active listing — amenities should populate from the go-live pipeline. Click to fetch now if missing.
Copyright © 2026, Houston Realtors Information Service, Inc. Deemed reliable, not guaranteed — independently verify.
HARMLS last updated Sep 23, 2026, 11:00 PM CDT. Properties may subsequently be sold or off-market.
