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$234,000

NAL Estimated Property Value

22054 Rivermead Dr, Katy, TX, 77449

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,497 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.27 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Range

Exterior

Lot Size6,299 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1139960000021
Lot Number21
SubdivisionWestland Creek Village
Land UseResidential
Legal DescriptionLT 21 BLK 9 WESTLAND CREEK VILLAGE SEC 1
Census Tract542901
Assessed Land Value$44,100
Assessed Improvement Value$181,578
Assessment Year2025

About this property

Beautiful 1 story home, 4 bedrooms, 2 baths. Great floor plan, Great living room with fireplace, spacious bedrooms and kitchen open to breakfast area, nice back yard ready for family BBQ! Katy ISD schools. Easy access to I-10 and Highway 99.

Investor Tools

Property Icon
$234,000
Estimated Property Value
$106,036Estimated Mortgage Balance
$127,964Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,404 /month
Positive
Cash Flow Estimate:
$468 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$445/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,171
$225,678
2025
$44,100
$181,578
$225,678
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,171
$225,678

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial National Mortgage
Fha
$131,081
Yes
First
Mar 30, 2017
Jun 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,036
$124,964
54%
45%
$786/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$786/mo
+$1,364/mo
11.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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22054 Rivermead Dr | Property Details | No Agent List