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$295,000

NAL Estimated Property Value

21606 Highland Knolls Dr, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,714 Sq Ft
price_per_sqft$180.86 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee 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, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile

Exterior

Lot Size7,475 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN1137770000025
Lot Number25
SubdivisionMemorial Parkway
Land UseResidential
Legal DescriptionLT 25 BLK 24 MEMORIAL PARKWAY SEC 9
Census Tract454802
Assessed Land Value$74,750
Assessed Improvement Value$204,550
Assessment Year2025

About this property

This beautifully updated 3-bedroom, 2 bath residence boasts soothing tones that create a serene atmosphere throughout. Upon entering, you’re greeted by an elegant living area featuring a fireplace as a stunning focal point and large windows that flood the space with natural light. To the right of the entry, a spacious formal dining room offers versatility for various uses, accommodating your lifestyle needs. The heart of the home is the gorgeous island kitchen, complete with granite countertops, rich wood cabinets, a stylish glass tile backsplash, & a charming brick accent wall that frames the gas range stove & stainless steel appliances—the refrigerator & built-in Microwave is included! The primary retreat features a luxurious ensuite bathroom with a fully tiled frameless shower, dual sinks, and vanity seating. With spacious secondary bedrooms and a huge covered patio overlooking green space, this home is perfect for outdoor activities and entertaining. Don’t miss this opportunity!

Investor Tools

Property Icon
$295,000
Estimated Property Value
$222,956Estimated Mortgage Balance
$72,044Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$140/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$210
$279,300
2025
$74,750
$204,550
$279,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$210
$279,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$228,000
No
First
Feb 12, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,956
$72,044
24%
76%
$1,367/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$1,792/mo
+$398/mo
8.9%

City: Katy

21606 Highland Knolls Dr | Property Details | No Agent List