B+

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Owner Contacts

$795,500

NAL Estimated Property Value

22006 Oakcreek Hollow Ln, Katy, TX, 77450

Off Market

4 Beds

3 Bath

4,427 Sq Ft

Single Family Residence

$146.83 / sqft

Built in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Stone, Tile, Wood

Exterior

Private Pool

Lot Size10,473 sqft

Building Information

Year Built2002

Stories2

Roof Type105

Garage Spaces4

Land Information

APN3529-05-001-0140-914

Lot Number14

SubdivisionGrand Lakes Phase Two Sec 5

Land UseResidential

Legal DescriptionGRAND LAKES PHASE TWO SEC 5, BLOCK 1, LOT 14

Census Tract673009

Assessed Land Value$118,300

Assessed Improvement Value$677,200

Assessment Year2025

About this property

OPEN HOUSE MAY 1st & 2nd FROM 1-5PM. Beautiful 5 bedrm home in sought after GRAND LAKES situated on culdesac lot backing to GREENBELT SO NO BACK NEIGHBORS & just 2 blocks from multiple fish stocked lakes & parks so kids will LOVE this one! Some of the many wonderful features include WARM WOOD FLOORING, dramatic curved stairs, study w DBL doors, plantation shutters, spacious island kitchen w gas cooking & tons of cabinetry, huge breakfast room that can handle a large table, gas log fireplace, upstairs has large gameroom, sep card room, secret room & 2nd office space w/ builtin desk. Also inlcudes tropical backyard w sparkling pool/spa/waterfalls & large covered patio. GIANT DETACHED 3 CAR GARAGE W 5 FOOT EXTENSION that would be great for workshop, 1 CAR COVERED PORTE COCHERE W SIDE ENTRANCE INTO KIT & tons of parking spaces in extra wide driveway. UPDATES: ROOF 2012, AC'S 2012 & 2013, DISHWASHER 2014, WATER HEATERS 2019, WATER SOFTENER 2014, POOL HEATER 2013 SUPER LOW LOW TAX $2.17

Investor Tools

$795,500

Estimated Property Value

$407,803Estimated Mortgage Balance

$387,697Estimated Equity

48% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,773 /month

Positive

Cash Flow Estimate:

$1,591 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,219/month

$1,150/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,645

$795,500

2025

$118,300

$677,200

$795,500

Tax History

Year

Tax Paid

Assessed Value

2025

$10,645

$795,500

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Nation Mortgage Inc

Conventional

$450,000

First

Jun 7, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$407,803

$387,697

48%

51%

$2,698/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,830/mo

$3,848/mo

$-1,018/mo

4.3%

Learn About the Market: Opportunity in Texas

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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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