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$242,874

NAL Estimated Property Value

21623 Park Valley Dr, Katy, TX, 77450

Recently SoldInfo
8/04/26
Beds3 Beds
Baths2 Bath
Baths1,730 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.15 / sqft
Year BuiltBuilt in 1983

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
AppliancesRefrigerator Included, Refrigerator, Dishwasher
FlooringTile

Exterior

Lot Size7,475 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1137850000032
Lot Number32
SubdivisionMemorial Parkway
Land UseResidential
Legal DescriptionLT 32 BLK 45 MEMORIAL PARKWAY SEC 9
Census Tract454802
Assessed Land Value$74,750
Assessed Improvement Value$168,124
Assessment Year2025

About this property

Location, location, location! Gorgeous updated home for rent in highly desirable Memorial Parkway! This exceptional one-story home has been meticulously taken care of and tastefully updated. As you enter, you will find a spacious office/study/flex room to the left of the front door. The light and bright kitchen has been beautifully upgraded with cabinetry, granite countertops, glass tile backsplash, and stainless steel appliances. The kitchen flows effortlessly into the formal dining, which is connected to a large living room with plenty of space for everyone. No carpet in this beautiful home! Travertine tile throughout for easy maintenance. The spa like primary bathroom offers a double vanity with a granite countertop and two separate walk-in closets. Spacious bedrooms and closets in each room. Quick access to the neighborhood pool, sports courts, parks, and other amenities. Zoned to exemplary Katy ISD schools. Available for move-in on May 30th.

Investor Tools

Property Icon
$242,874
Estimated Property Value
$101,474Estimated Mortgage Balance
$142,203Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,457 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,658
$242,874
2025
$74,750
$168,124
$242,874
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,658
$242,874

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Evolve Bank & Trust
Conventional
$126,750
No
First
Nov 10, 2016
Dec 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,474
$154,526
60%
42%
$760/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$760/mo
+$2,070/mo
14.0%

City: Katy

21623 Park Valley Dr | Property Details | No Agent List