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$284,000

22014 Grand Forks Dr, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,012 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.94 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Cooktop, Refrigerator, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,220 sqft

Building Information

Year Built1980
Stories1

Land Information

APN1118950000048
Lot Number48
SubdivisionCimarron
Land UseResidential
Legal DescriptionLT 48 BLK 23 CIMARRON SEC 6
Census Tract455103
Assessed Land Value$73,020
Assessed Improvement Value$197,969
Assessment Year2025

About this property

Welcome to this thoughtfully updated 3-bedroom, 2-bath residence in Katy. Featuring a spacious split floor plan, this home offers privacy and comfort with the primary suite tucked away from the secondary bedrooms. The expansive family room flows seamlessly into the kitchen and breakfast area, creating an inviting space for everyday living and entertaining. The kitchen boasts a gas cooktop and updated flooring throughout, making it move-in ready for you and your loved ones. A standout feature is the generously sized, covered garage—perfectly suited for a game room, home office, or creative studio. Step outside to a large backyard designed for memorable gatherings, weekend barbecues, and plenty of room for kids and pets to play. Zoned to highly rated schools and just minutes from shopping, dining, and community amenities, this home offers both convenience and charm. Don’t miss this opportunity—schedule your private showing today with your REALTOR® or contact our office directly...!

Investor Tools

Property Icon
$284,000
Estimated Property Value
$0Estimated Mortgage Balance
$284,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,704 /month
Positive
Cash Flow Estimate:
$568 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,971
$270,989
2025
$73,020
$197,969
$270,989
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,971
$270,989

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$283,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
N/A
+$2,190/mo
9.3%

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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22014 Grand Forks Dr | Property Details | No Agent List