B+

NoAgentList RatingHow are grades calculated?

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Owner Contacts

$499,750

NAL Estimated Property Value

2106 Longdraw Cove, Katy, TX, 77494

Off Market

4 Beds

3 Bath

2,804 Sq Ft

Single Family Residence

$176.53 / sqft

Built in 2003

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringVinyl

Exterior

Lot Size8,942 sqft

Building Information

Year Built2003

Stories1

Roof Type105

Garage Spaces2

Land Information

APN2531-02-003-0290-914

Lot Number29

SubdivisionCountry Lakes Sec 2

Land UseResidential

Legal DescriptionCOUNTRY LAKES SEC 2, BLOCK 3, LOT 29

Census Tract673108

Assessed Land Value$86,710

Assessed Improvement Value$413,040

Assessment Year2025

About this property

GRAYSON LAKES ONE STORY BEAUTY! The perfect blend of comfort & style: 2804 SF, 4-BED, 2.5-BATH home with STUDY on CUL DE SAC. NO REAR NEIGHBORS, an Extended PATIO w/Beautiful Landscaping and BRAND NEW ROOF! Inside find BRAND NEW VINYL WOOD PLANK FLOORING (NO CARPET) throughout with FULL FRESH PAINT & ALL NEW TOILETS! The KITCHEN opens to family and dining room and impresses w/GRANITE countertops, LARGE ISLAND, GAS COOKTOP, & BAY WINDOW. 2 REFRIGERATORS INCLUDED! Additional comforts include OVERSIZED BEDROOMS, GAS FIREPLACE, CEILING FANS, SHUTTERS & 2" BLINDS! Primary includes SITTING ROOM, ENSUITE BATH W/LARGE WALK IN CLOSET! Garage has BUILT IN CABINETRY. The front & back yards include SPRINKLERS & FRENCH DRAINS, BRICK PAVER EXTENDED PATIO & WALKING PATH for serene outdoor living. Enjoy all the modern conveniences:Grayson Lakes CLUBHOUSES, POOLS, SPORT COURTS, PARKS AND WALKING TRAILS. Conveniently located - walk to Woodcreek JR High and quick drive to I-10, shopping and dining!

Investor Tools

$499,750

Estimated Property Value

$194,969Estimated Mortgage Balance

$304,781Estimated Equity

60% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,999 /month

Positive

Cash Flow Estimate:

$1,000 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$889/month

$1,425/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,170

$499,750

2025

$86,710

$413,040

$499,750

Tax History

Year

Tax Paid

Assessed Value

2025

$8,170

$499,750

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amwest Funding Corp

Conventional

$200,000

First

Dec 26, 2024

Jan 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$194,969

$304,781

60%

39%

$1,200/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$2,625/mo

+$715/mo

8.0%

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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