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$320,000

NAL Estimated Property Value

22103 Merrymount Dr, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,166 Sq Ft
price_per_sqft$119.58 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,782 sqft

Building Information

Year Built1972
Stories2
Garage Spaces2

Land Information

APN1034070000001
Lot Number1,2
SubdivisionWest Memorial
Land UseResidential
Legal DescriptionLT 1 & E 0.48 FT OF LT 2 BLK 7 WEST MEMORIAL SEC 1 R/P
Census Tract455200
Assessed Land Value$79,161
Assessed Improvement Value$191,086
Assessment Year2025

About this property

ATTENTION FIRST TIME HOME BUYERS!!! YOU CAN HAVE IT ALL!! FABULOUS LOCATION, so close to restaurants and shopping. Be prepared to fall in love with this 4 bedroom, 2.5 bath home zoned to fabulous KATYISD schools. This home BOASTS some pretty spectacular upgrades from PEX PIPES, DOUBLE E PANE WINDOWS, WHOLE HOUSE RAIN SOFT WATER SOFTENER SYSTEM, HARDWOOD FLOORS IN LIVING ROOM AND DINING ROOM, GRANITE IN BATHROOMS, NEWER FRONT SIDEWALK, NEW CARPET AND FRESH PAINT. You will absolutely love the backyard!! It is definitely a pool sized yard with detached garage. CHECK OUT OUR LISTING FLIP CHART WITH FULL DETAILS ON THIS FABULOUS HOME!! SEE YOU SOON!! Come and check this out for yourself! We are offering a SIX DAY OPEN HOUSE BLITZ STARTING THURSDAY, April 29th.

Investor Tools

Property Icon
$320,000
Estimated Property Value
$286,351Estimated Mortgage Balance
$33,649Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$420/month
$126/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,434
$270,247
2025
$79,161
$191,086
$270,247
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,434
$270,247

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$315,980
Yes
First
Jun 4, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,351
$16,649
5%
89%
$1,895/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$2,021/mo
+$809/mo
10.6%

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.

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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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22103 Merrymount Dr | Property Details | No Agent List