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B+
NoAgentList RatingHow are grades calculated? Info

$470,000

21506 Grand Hollow Ln, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117 / sqft
Year BuiltBuilt in 2004

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
AppliancesElectric Cooktop
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size5,713 sqft

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3531-05-001-0470-914
Lot Number47
SubdivisionGrand Lakes Phase Three Sec 5
Land UseResidential
Legal DescriptionGRAND LAKES PHASE THREE SEC 5, BLOCK 1, LOT 47
Census Tract673009
Assessed Land Value$46,930
Assessed Improvement Value$427,094
Assessment Year2025

About this property

Great home, great pool, great neighborhood, great LOW TAX area, great schools, and great location of master planned community of Grand Lakes! This home has it all! You will enjoy spending time outdoors with the sparkling pool with spa and rock waterfall, mature palm trees, covered patio and home is located next to neighborhood walking trails so is very private. NO FLOODING during hurricane Harvey. Inside the home is a very open floorplan with open concept living, master bedroom down with bay window, curved staircase with iron spindles, gas fireplace, home is wired for surround sound with built in speakers in the garage, island in the kitchen, and large game room upstairs.

Investor Tools

Property Icon
$470,000
Estimated Property Value
$265,500Estimated Mortgage Balance
$230,797Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$630/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,209
$441,294
2025
$46,930
$427,094
$474,024
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,209
$441,294

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$265,500
No
First
Mar 16, 2021
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,203
$202,091
45%
51%
$1,592/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$2,692/mo
+$138/mo
7.2%

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 Grand Hollow Ln | Property Details | No Agent List