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$2,650

21218 Park Willow Dr, Katy, TX, 77450

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,396 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.11 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,850 sqft

Building Information

Year Built1986
Garage Spaces2

Land Information

APN1159500670055
Lot Number55
SubdivisionMemorial Parkway
Land UseResidential
Legal DescriptionLT 55 BLK 67 MEMORIAL PARKWAY SEC 13
Census Tract454802
Assessed Land Value$69,948
Assessed Improvement Value$226,957
Assessment Year2025

About this property

Welcome to 21218 Park Willow Dr in Katy! This well-maintained, move-in-ready home offers 4 bedrooms, 2.5 bathrooms, and 2,300+ square feet of living space. The home features a spacious primary bedroom and bathroom, granite countertops, new windows, a new roof, and new carpet in the upstairs hallway and secondary bedrooms. The kitchen includes a brand-new Frigidaire refrigerator with a dual ice maker and flexible temperature drawer. Outside, you will find a large backyard with plenty of room to relax and entertain. Conveniently located near shopping, restaurants, entertainment, and everyday necessities. The property is also within walking distance of the elementary and middle schools, Starbucks, and other nearby destinations. Make-ready work and professional cleaning have been completed, making this lovely home ready for its next residents to call home!

Investor Tools

$174,757Estimated Mortgage Balance
$169,243Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month

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Steven Shannon

Shannon Property Management

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$472/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,941
$296,905
2025
$69,948
$226,957
$296,905
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,941
$296,905

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$197,510
No
First
Oct 5, 2020
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,757
$169,243
49%
51%
$1,185/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$1,185/mo
+$1,645/mo
9.9%

City: Katy