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Owner Contacts

$468,000

NAL Estimated Property Value

1902 Laurelwick Court, Katy, TX, 77494

Off Market

4 Beds

3 Bath

2,595 Sq Ft

Single Family Residence

$169.55 / sqft

Built in 2006

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher

FlooringLaminate, Tile

Exterior

Lot Size10,275 sqft

Building Information

Year Built2006

Stories1

Roof Type105

Garage Spaces2

Land Information

APN2536-09-001-0210-914

Lot Number21

SubdivisionCountry Lakes At Grayson Lakes Sec 9

Land UseResidential

Legal DescriptionCOUNTRY LAKES AT GRAYSON LAKES SEC 9, BLOCK 1, LOT 21

Census Tract673108

Assessed Land Value$79,170

Assessed Improvement Value$370,830

Assessment Year2025

About this property

MULTIPLE OFFERS- FINAL BEST OFFER MARCH 9 at 7 PM, THANK YOU! WELCOME HOME ! DON'T MISS THIS AMAZING OPPORTUNITY to own a stunning home in the sought after community of Grayson Lakes! This beautiful Imperial Builders home is located on an oversized corner lot in a quiet cul-de-sac with lots of space for kids to play outside . An advantageous split floorplan with 4 bedroom, 2.5 bath. Open concept kitchen flowing effortlessly into the breakfast and family areas, alongside a formal dining room and den creates an inviting atmosphere for family gatherings. Easy access to the neighborhood dock where you can fish, launch your kayak or relax and watch the sunsets. Grayson Lakes offers 33 acres of useable lakes, pool, tennis, playgrounds and boat docks. Super close to shopping, entertainment, I-10, as well as Hwy 99. This home has been well maintained and is ready for immediate move in. Amazing Katy ISD schools, Low Tax rate ($2.42) Don't miss out on this beautiful home!!!

Investor Tools

$468,000

Estimated Property Value

$346,501Estimated Mortgage Balance

$121,499Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,808 /month

Positive

Cash Flow Estimate:

$936 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$639/month

$1,350/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,327

$450,000

2025

$79,170

$370,830

$450,000

Tax History

Year

Tax Paid

Assessed Value

2025

$5,327

$450,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$360,000

First

Apr 10, 2024

May 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$346,501

$121,499

25%

74%

$2,159/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$3,509/mo

$-169/mo

8.6%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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