Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$273,000

21231 Park Tree Ln, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,933 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.27 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,050 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN1085060000048
Lot Number48
SubdivisionMemorial Parkway
Land UseResidential
Legal DescriptionLT 48 BLK 12 MEMORIAL PARKWAY SEC 2
Census Tract454801
Assessed Land Value$79,145
Assessed Improvement Value$179,535
Assessment Year2025

About this property

Welcome to 21231 Park Tree Lane, a beautifully maintained home nestled in Memorial Parkway on a corner lot. This inviting property offers a warm, comfortable layout with plenty of natural light, spacious living areas, and a flexible floorplan perfect for everyday living and entertaining. Step inside to an open living room featuring a cozy fireplace and large windows that overlook the backyard. The kitchen offers ample cabinet space, a functional layout, and easy access to the dining area—ideal for gatherings with family and friends. The bedrooms are generously sized, providing space for rest, work, or hobbies, while the primary suite offers a private retreat with its own en-suite bath. Outside, enjoy a large backyard with plenty of room for outdoor living, gardening, pets, or future enhancements. Whether you're envisioning quiet evenings on the patio or weekend cookouts, this space offers endless possibilities.

Investor Tools

Property Icon
$273,000
Estimated Property Value
$270,019Estimated Mortgage Balance
$0Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,561
$258,680
2025
$79,145
$179,535
$258,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,561
$258,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Unknown
$270,019
No
First
Feb 17, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$537,696
N/A
0%
197%
$3,238/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$3,663/mo
$-1,473/mo
9.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

21231 Park Tree Ln | Property Details | No Agent List