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B+
NoAgentList RatingHow are grades calculated? Info

$534,000

22419 Water Edge Ln, Katy, TX, 77494

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,493 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.43 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,397 sqft

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3519-03-001-0520-914
Lot Number52
SubdivisionGrand Lakes Sec 3
Land UseResidential
Legal DescriptionGRAND LAKES SEC 3, BLOCK 1, LOT 52
Census Tract673010
Assessed Land Value$124,410
Assessed Improvement Value$343,803
Assessment Year2025

About this property

This gorgeous one story home in the culdesac and backing to the lake is picture perfect. The covered brick front porch is welcoming. Enter onto gleaming hardwoods that continue through the main living area. A spacious study with closet and French doors is off the entry. Plantation shutters grace many of the windows. Pretty Fml dining room with plenty of wall space. Entering the kitchen your eyes are drawn to the large picture windows overlooking a butterfly garden by the breakfast table. Island with gas cooktop, double ovens, wine chiller, granite and pretty pantry door complete the kitchen. Open concept leading into the family room & sunroom. Gorgeous lake views from the rear windows of the hm. Master with impressive mstr bath updates. Gorgeous cainetry. Large walk in closet. Beautiful views from the outdoor patio including a fire pit and easy access to walking trails. Mature trees & pretty landscapes. Location is the best! Walk to school, Whole Foods, area pool tennis + more. A Gem!

Investor Tools

Property Icon
$534,000
Estimated Property Value
$315,350Estimated Mortgage Balance
$253,264Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,204 /month
Positive
Cash Flow Estimate:
$1,068 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
$1,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,622
$468,213
2025
$124,410
$343,803
$468,213
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,622
$468,213

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$315,350
No
First
Sep 30, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,736
$227,264
44%
53%
$1,891/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,041/mo
$-461/mo
5.8%

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.

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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22419 Water Edge Ln | Property Details | No Agent List