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$387,133

2218 Parkside Trace Ct, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,450 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.78 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,514 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN1347880010015
Lot Number15
SubdivisionLakecrest Park
Land UseResidential
Legal DescriptionLT 15 BLK 1 LAKECREST PARK SEC 1
Census Tract542902
Assessed Land Value$70,038
Assessed Improvement Value$317,095
Assessment Year2025

About this property

***Multiple offers highest and best by Monday 5pm (5/13/2024) Welcome to 2218 Parkside Trace Ct in Lakecrest Park subdivision! This stunning one-story Chesmar home offers four bedrooms and three bathrooms, providing ample space for comfortable living. The kitchen is a chef's dream, with stainless steel appliances, granite countertops, a spacious island, under-cabinet lighting, and plenty of storage. It seamlessly flows into the dining area and den, perfect for entertaining. The den boasts natural light, wood floors, and a beautiful gas fireplace with stone accents, creating a warm atmosphere. The primary suite features a bay window and a large bathroom with double sinks, a shower, and a tub for relaxation. Plus, there's a fabulous Mother-in-Law quarters with a living area and ensuite bathroom.Outside, enjoy the stone porch and extended patio, ideal for outdoor gatherings. Additional features include an oversized garage, gutters, and a covered patio with a TV port, speakers, a gas line.

Investor Tools

Property Icon
$387,133
Estimated Property Value
$381,954Estimated Mortgage Balance
$18,311Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$770/month
$1,215/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,309
$387,133
2025
$70,038
$317,095
$387,133
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,309
$387,133

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$381,954
Yes
First
Jun 13, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,822
$18,311
4%
95%
$2,291/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$3,506/mo
$-626/mo
8.9%

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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2218 Parkside Trace Ct | Property Details | No Agent List