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$424,000

NAL Estimated Property Value

2119 Shadow Park Drive, Katy, TX, 77494

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,311 Sq Ft
price_per_sqft$172.65 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,758 sqft

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2273-01-002-0570-914
Lot Number57
SubdivisionCinco Ranch Greenway Village Sec 1
Land UseResidential
Legal DescriptionCINCO RANCH GREENWAY VILLAGE SEC 1, BLOCK 2, LOT 57
Census Tract673005
Assessed Land Value$87,230
Assessed Improvement Value$333,402
Assessment Year2025

About this property

Welcome to your new home! Nestled in the highly desirable Cinco Ranch Greenway Village, this beautiful one-story is situated on a tranquil cul-de-sac street lined with mature trees. This inviting home offers a versatile formal living area that can double as a home office or study. The formal dining room, featuring wood floors, leads into a bright inviting kitchen with granite countertops and a spacious island, walk in pantry and breakfast area. The kitchen seamlessly flows into the large open-concept family room boasting built-in shelving, a cozy gas log fireplace and a bank of windows highlighting the back yard. Plantation shutters adorn the windows throughout the home. The backyard is perfect for entertaining with a covered patio, ceiling fan and lovely landscaping. Detached 2 car garage with a covered walkway to the home. Located just steps to a Katy elementary school as well as the neighborhood pool. This home perfectly blends comfort, style and convenience.

Investor Tools

Property Icon
$424,000
Estimated Property Value
$337,058Estimated Mortgage Balance
$86,942Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,544 /month
Positive
Cash Flow Estimate:
$848 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$737/month
$1,450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,725
$420,632
2025
$87,230
$333,402
$420,632
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,725
$420,632

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$348,500
No
First
Jul 31, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,058
$86,942
20%
79%
$2,090/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,540/mo
$-200/mo
9.5%

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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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Katy

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2119 Shadow Park Drive | Property Details | No Agent List