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$399,000

NAL Estimated Property Value

22310 Cove Hollow Drive, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,502 Sq Ft
price_per_sqft$161.87 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListHigh Equity

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, Ice Maker, Gas Oven, Trash Compactor, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,150 sqft

Building Information

Year Built1989
Stories2
Garage Spaces2

Land Information

APN1153490020082
Lot Number82
SubdivisionCornerstone Place
Land UseResidential
Legal DescriptionLT 82 BLK 2 CORNERSTONE PLACE SEC 1
Census Tract455000
Assessed Land Value$88,164
Assessed Improvement Value$303,172
Assessment Year2025

About this property

Discover your dream in this updated 4/2.5/2 home, boasting fresh interior top quality Sherwin Williams egg shell paint and new LED lighting. The exterior shines with updates including a new roof (7/22), exterior paint (12/23) and water heater (3/21). Inside, enjoy a stunning 2 story high ceiling foyer, both formals, a modern lite kitchen with white cabinets, granite counters, and a large island. The sunny breakfast area offers extra workspace and a wet bar, leading into a cozy den with a fireplace. Downstairs features wood laminate flooring, while the spacious primary suite upstairs dazzles with a luxurious bath, featuring a frameless shower and whirlpool tub. Additional bedrooms provide ample space, one with French doors ideal for a home office. Enjoy a large garden, oversized garage, and prime location near I-10 and Grand Parkway, in a top-rated Katy school district. A perfect blend of style and convenience in a flood-free zone. Low taxes!

Investor Tools

Property Icon
$399,000
Estimated Property Value
$300,301Estimated Mortgage Balance
$98,699Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,430 /month
Positive
Cash Flow Estimate:
$810 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
$725/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,190
$391,336
2025
$88,164
$303,172
$391,336
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,190
$391,336

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$312,000
No
First
Apr 25, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,301
$98,699
24%
75%
$1,871/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$2,596/mo
+$234/mo
8.5%

City: Katy

22310 Cove Hollow Drive | Property Details | No Agent List