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$250,000

21430 Park Mill Ln, Katy, TX, 77450

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,284 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.7 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,787 sqft

Building Information

Year Built1985
Garage Spaces2

Land Information

APN1156030460057
Lot Number57,58
SubdivisionMemorial Parkway
Land UseResidential
Legal DescriptionW 39.30 FT OF LT 57 & E 19.70 FT OF LT 58 BLK 46 MEMORIAL PARKWAY SEC 10
Census Tract454902
Assessed Land Value$60,648
Assessed Improvement Value$178,697
Assessment Year2025

About this property

Super cute and move-in ready in the heart of Katy! This charming one-story home features a bright, open layout with stylish updates throughout. The kitchen has been completely renovated with new quartz countertops, new cabinets, stainless steel appliances and modern finishes. Both bathrooms have also been beautifully updated with new cabinetry, quartz countertops and fresh, contemporary details. Enjoy a spacious living area, comfortable bedrooms and a large backyard with a covered patio, perfect for relaxing or entertaining. Conveniently located near shopping, dining and major roadways, and zoned to highly regarded Katy ISD schools. A great place to call home!

Investor Tools

$67,841Estimated Mortgage Balance
$183,324Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,506 /month
Positive
Cash Flow Estimate:
$502 /month

Interested in this property?

Erica Post

CENTURY 21 Western Realty, Inc

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,695
$239,345
2025
$60,648
$178,697
$239,345
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,695
$239,345

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Stand Alone First / Home Equity First Lien
$82,000
No
First
Mar 19, 2018
Apr 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,841
$183,159
72%
27%
$492/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$942/mo
+$1,248/mo
10.5%

Learn About the Market: Opportunity in Texas

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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

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21430 Park Mill Ln | Property Details | No Agent List