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$398,000

NAL Estimated Property Value

22322 Cove Hollow Dr, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,612 Sq Ft
price_per_sqft$133.96 / sqft
Year BuiltBuilt in 1989

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

Exterior

Private PoolPrivate Pool
Lot Size7,797 sqft

Building Information

Year Built1989
Stories2
Garage Spaces2

Land Information

APN1153490020079
Lot Number79
SubdivisionCornerstone Place
Land UseResidential
Legal DescriptionLT 79 BLK 2 CORNERSTONE PLACE SEC 1
Census Tract455000
Assessed Land Value$87,482
Assessed Improvement Value$274,502
Assessment Year2025

About this property

Location is key! Katy ISD (Fielder, Beck JH, Cinco HS) This 4 bedroom 2.5 bath home sits minutes from La Centerra, minutes from 99, I-10, Westpark, and blocks from grocery stores. The sparkling pool awaits you for the upcoming summer heat in the large backyard. New windows installed June 2014, beautiful wood flooring in living compliments the stone upgrade to the fireplace. Brand new carpet in the upstairs bedrooms and huge game room. Gorgeous freestanding tub for long soaks in the primary retreat. This neighborhood is full of mature trees, large lots, and traditional homes. Washer, dryer, and fridge are negotiable. Plenty of parks and bike trails including Willow Fork Drainage District park. LOW TAX RATE!!

Investor Tools

Property Icon
$398,000
Estimated Property Value
$290,922Estimated Mortgage Balance
$107,078Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$586/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,047
$361,984
2025
$87,482
$274,502
$361,984
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,047
$361,984

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$322,905
No
First
Mar 5, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,922
$115,078
28%
73%
$1,936/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$2,586/mo
+$244/mo
8.5%

City: Katy

22322 Cove Hollow Dr | Property Details | No Agent List