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$335,452

NAL Estimated Property Value

21506 Canyon Terrace Ln, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,079 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.84 / sqft
Year BuiltBuilt in 2000

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
AppliancesDisposal, Microwave, Dishwasher
FlooringLaminate

Exterior

Lot Size6,573 sqft

Building Information

Year Built2000
Garage Spaces2

Land Information

APN1202060020039
Lot Number39
SubdivisionOak Park Trails
Land UseResidential
Legal DescriptionLT 39 BLK 2 OAK PARK TRAILS SEC 8
Census Tract454902
Assessed Land Value$69,128
Assessed Improvement Value$266,324
Assessment Year2025

About this property

Discover comfort & convenience in this charming 1 story home featuring a thoughtfully designed open floor plan. There is no carpet throughout the house. Enjoy a welcoming formal living & dining area and an open family room to the kitchen and breakfast nook area. Kitchen has new ranite counters and refrigerator included. Abundant windows allows light to filter in naturally. Highly rated school district and minutes from shopping and dining.

Investor Tools

Property Icon
$335,452
Estimated Property Value
$209,090Estimated Mortgage Balance
$126,362Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,013 /month
Positive
Cash Flow Estimate:
$671 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$617/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,732
$335,452
2025
$69,128
$266,324
$335,452
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,732
$335,452

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$210,000
Yes
First
Feb 2, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,090
$126,362
37%
62%
$1,260/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$1,810/mo
+$1,020/mo
10.1%

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.

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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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21506 Canyon Terrace Ln | Property Details | No Agent List