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$248,000

NAL Estimated Property Value

21459 Park Timbers Ln, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,620 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.42 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size5,915 sqft

Building Information

Year Built1983
Garage Spaces2

Land Information

APN1156030500004
Lot Number4
SubdivisionMemorial Parkway
Land UseResidential
Legal DescriptionLT 4 BLK 50 MEMORIAL PARKWAY SEC 10
Census Tract454902
Assessed Land Value$59,687
Assessed Improvement Value$182,659
Assessment Year2025

About this property

Welcome to this immaculate and entirely remodeled beauty zoned to sought-after Hayes Elementary and Memorial Parkway Junior High. This fully updated home features new paint throughout, a re-imagined living space with new tile floors through the entire first floor, upgraded marble fireplace with custom accent tiled wall, a transformed modern kitchen, renovated bathrooms, and zero carpet throughout. Spacious backyard space with two beautiful plum trees and a gazebo for outdoor living in the shade. Located on a quiet dead-end street, you're an 5 minute walk to Hayes Elementary, 7 minute walk to Memorial Parkway Junior High. Memorial Parkway is an established neighborhood with 2 pool/recreational areas, and parks and trails that connect to George Bush Park. Home is located next to a bike/walking trail and is ready for move-in. Pets on a case-by-case basis with a non-refundable pet deposit. Fridge included. One year or longer lease.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$199,487Estimated Mortgage Balance
$48,513Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,738
$242,346
2025
$59,687
$182,659
$242,346
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,738
$242,346

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swift Home Loans Inc
Conventional
$204,000
No
First
Feb 11, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,487
$51,513
20%
80%
$1,224/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$1,224/mo
+$1,606/mo
13.7%

City: Katy

21459 Park Timbers Ln | Property Details | No Agent List