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$306,708

21643 Park Villa Dr, Katy, TX, 77450

Off MarketInfo
CommercialInfo
Beds4 Beds
Baths2 Bath
Baths1,973 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.38 / sqft
Year BuiltBuilt in 1977

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Electric Range, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Lot Size8,925 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1097600000055
Lot Number55
SubdivisionMemorial Parkway
Land UseCommercial
Legal DescriptionLT 55 BLK 4 MEMORIAL PARKWAY SEC 3
Census Tract454802
Assessed Land Value$83,820
Assessed Improvement Value$222,888
Assessment Year2025

About this property

STOP THE CAR, THIS IS IT! This beautifully maintained and NEVER FLOODED one-story home in the heart of Memorial Parkway is a short walking distance to the neighborhood elementary school. This wonderful FOUR BEDROOM home has been recently remodeled by the original owners and features a whole home fire sprinkler system, fresh paint, wood-look tile and recent carpet. The kitchen is adorned with granite and black stainless appliances. You will love the look of the plantation shutters throughout. Step out back and you will absolutely fall in love with the large screened in porch and the lush back yard that is shaded by a canopy of trees. An entertainers delight with wonderful curb appeal, a great location to top-rated Katy ISD schools and shopping, tastefully decorated, and an amazing back yard will put this home at the top of your list!

Investor Tools

Property Icon
$306,708
Estimated Property Value
$0Estimated Mortgage Balance
$306,708Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,840 /month
Positive
Cash Flow Estimate:
$613 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$344/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,593
$306,708
2025
$83,820
$222,888
$306,708
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,593
$306,708

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$306,708
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$375/mo
+$1,815/mo
8.6%

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.

Explore Texas Explore This Area
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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21643 Park Villa Dr | Property Details | No Agent List