Fort Bend County property record for 7318 Penny Ln, Katy, TX 77494
| Property Type | Single Family Home |
|---|---|
| Details | 7 bd · 3.5 ba · 4,695 sqft · built 2004 |
| Lot Size | 0.363 acres (15,831 sqft) |
| Owner | 2 Individual Names on File |
| Last Sale | $1,207,640 (Jul 2024) |
| Tax Bill | $17,363 (2025) |
| Deeds & Mortgages | Jul 2026 Mortgage Sep 2019 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | R275478 |
| Primary APN | R275478 |
|---|---|
| Alternative APN |
|
| Bedrooms | 7 Beds |
|---|---|
| Full Baths | 3.5 Baths |
| Half Baths | 1 Half Bath |
| Stories | 2 Stories |
| Building Area | 4,695 sqft Living Area |
| Gross Area | 5,701 sqft |
| 1st Floor Area | 2,474 sqft |
| 2nd Floor Area | 2,221 sqft |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 2004 |
|---|---|
| Effective Year Built | Effective 2004 |
| Architectural Style | Conventional |
| Exterior Material | Stucco |
| Foundation Type | Slab (Mat/Raft) |
| Roof Type | Gable/Hip |
| Roof Material | Composition Shingle |
| Lot Area | 15,831 sqft (0.363 acres) |
| Lot Dimensions | 133 ft deep x 119 ft wide |
| View / Lot | Corner |
| Garage Type | Attached |
| Garage Area | 1,006 sqft |
| Parking Spaces | 4 Parking Spaces |
| Pool Area | 723 sqft |
|---|---|
| Porch | Open Porch |
| Porch Area | 291 sqft |
| Patio Area | 484 sqft |
| Cooling System | Central |
|---|---|
| Heating System | Central |
| Street Address | 7318 PENNY LN |
|---|---|
| City | KATY |
| State | TX |
| Zip | 77494-0158 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Local Zoning Code | J |
| Legal Description | SEVEN MEADOWS SEC 4, BLOCK 3, LOT 5 |
| Legal Subdivision | SEVEN MEADOWS SEC 4 |
| Legal Block | 3 |
| Legal Lot Number | 5 |
| Jurisdiction | FORT BEND TX |
| Township / Civil Division | FULSHEAR-SIMONTON |
| Census Block Group | 3 |
| Census Block | 3001 |
| Census Tract | 673104 |
7318 Penny Ln is owned and occupied by two individuals who bought it in July 2024.
Source: Fort Bend County records, as of July 15, 2026
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 7318 PENNY LN, KATY, TX 77494-0158 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Vesting | Husband and Wife |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Jul 2, 2026 | Deed of Trust, Mortgage · Conventional Mortgage NONE LISTED ON DOCUMENT |
| Sep 20, 2019 | Vendor's Lien, Transfer · Conventional Mortgage WELLS FARGO BANK NA |
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Jul 26, 2024 · Amount on File |
| Deed Sale | Jul 26, 2024 · Amount on File |
| Prior Sale | Sep 20, 2019 · Amount on File |
| Deed Document Number | 202471590 |
| Prior Transfer Date | Sep 19, 2019 |
| Prior Transfer Doc | 0000107847 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | FORT BEND TX |
| Recording Date | Jul 2, 2026 |
| Property Address | 7318 PENNY LN, KATY, TX 77494-0158 |
| Document Number | 0000068460 |
| Instrument Date | Jun 26, 2026 |
| Instrument | 202668460 |
| Transaction Type | Mortgage |
| Record Updated | Jul 15, 2026 |
| Title Company | NONE LISTED ON DOCUMENT |
| Name | Verified Name |
|---|---|
| Address | 7318 PENNY LN, KATY, TX 77494-0158 |
| Document Number | 0000068460, |
|---|---|
| Date | Jul 2, 2026 |
| Instrument | 202668460 |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 348 Months |
| Due | Jul 1, 2055 |
| Rate Type | Fixed Rate |
|---|---|
| Rate | 6.53% |
| Initial Type | Fixed Rate |
| Max Rate | -1% |
| Document Type | Vendor's Lien |
|---|---|
| Jurisdiction | FORT BEND TX |
| Recording Date | Sep 20, 2019 |
| Property Address | 7318 PENNY LN, KATY, TX 77494-0158 |
| Document Number | 0000107847 |
| Map Reference | SL 2309/A |
| Instrument Date | Sep 19, 2019 |
| Instrument | 2019107847 |
| Transaction Type | Transfer |
| Record Updated | Jan 27, 2022 |
| Title Company | MONARCH TITLE OF TEXAS |
| Tax | $0.00 |
|---|---|
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 7318 PENNY LN, 7318, KATY, TX 77494-0158 |
| Name | Verified Name |
|---|---|
| Address | 7318 PENNY LN, KATY, TX 77494-0158 |
| Document Number | 0000107848 |
|---|---|
| Date | Sep 20, 2019 |
| Instrument | 2019107848 |
| Name | WELLS FARGO BANK NA |
|---|---|
| Type | Bank |
| Special Notes | Seller Financed |
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 361 Months |
| Due | Oct 1, 2049 |
The 2025 property tax bill for 7318 Penny Ln was $17,363, up 10.3% from the year before.
Source: Fort Bend County assessment roll, as of September 2, 2025
| Type | Name |
|---|---|
| State | Texas |
| County | Fort Bend County |
| Unified School District | Katy Independent School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $17,363.00 (+10.32%) | $900,757 (+12.4%) Land $147,420 Building $753,337 | $900,757 (+1.82%) Land $147,420 Building $753,337 |
| 2024 | $15,739.00 (+52.95%) Homeowner's exemption | $801,383 (+1%) Land $147,420 Building $737,270 | $884,690 (+6.41%) Land $147,420 Building $737,270 |
| 2023 | $10,290.00 Homeowner's exemption | $728,530 Land $113,400 Building $718,023 | $831,423 Land $113,400 Building $718,023 |
| 2018 | $12,275.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 7318 Penny Ln in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2021.
Source: FEMA National Flood Hazard Layer, effective August 8, 2024 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X minimal risk |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Flood Insurance Cost | Premium on File median of 107 policies |
| Community Rating System | Class 5 (25% premium discount) |
| Nearby Flood Policies | 107 in force |
| Nearby Flood Claims | 1 (2021) |
| Claims Outside the SFHA | 1 of 1 |
| Most Recent Claim | Feb 2021 · Severe Winter Storms |
Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.
The area around 7318 Penny Ln has no burnable land within ember reach, so its wildfire risk is not rated.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Not rated no burnable land within ember reach |
|---|
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | FORT BEND COUNTY MUD 34 serves 5,367 people · EPA ID TX0790200 |
|---|---|
| Water Source | Purchased surface water from several systems |
| Last State Inspection | Mar 2023 |
| Lead | 1 ppb (2024–2026) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.
Source: FCC Broadband Data Collection, based on 219 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Ezee Fiber Fiber | 8,000 / 8,000 |
| Fidium Fiber Fiber | 2,000 / 2,000 |
| Xfinity Cable | 2,000 / 250 |
| Astound Broadband Cable | 1,500 / 50 |
| Verizon Fixed Wireless | 300 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
| AT&T Fixed Wireless · Fiber in parts of the area | 100 / 20 |
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