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$475,000

22427 Rustic Meadow Court, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,312 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.69 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,086 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3519-03-001-0190-914
Lot Number19
SubdivisionGrand Lakes Sec 3
Land UseResidential
Legal DescriptionGRAND LAKES SEC 3, BLOCK 1, LOT 19
Census Tract673010
Assessed Land Value$114,400
Assessed Improvement Value$357,155
Assessment Year2025

About this property

This exceptional 2,312 SF David Weekly brick home is situated in Grand Lakes on a large 9,085 lot, zoned for the highly-rated Katy ISD, and within walking distance to elementary school. Exterior amenities include 2.5-car detached garage, and pool with inground cleaning system, pebble tech surface, and spacious new deck recently resurfaced. Inviting entry is accented by pristine landscaping and beautiful trees with sprinkler system. Interior features 4 bedrooms and 2 baths, study or formal dining room, enhanced by high ceilings, arched openings, ceiling fans, custom cabinetry in kitchen, double oven, newly renovated bathrooms, large vault, hardwood, tile, new carpet and gas log fireplace. Primary bedroom includes sitting room that overlooks pool, rock waterfall, and oversized jacuzzi. AC unit is less than 5 years old, and washer, dryer, and refrigerator will stay. Call today to make an appointment for a private tour and begin to make this dream home a reality for you.

Investor Tools

Property Icon
$475,000
Estimated Property Value
$0Estimated Mortgage Balance
$475,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$671/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,673
$471,555
2025
$114,400
$357,155
$471,555
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,673
$471,555

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$475,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
N/A
+$3,340/mo
8.4%

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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22427 Rustic Meadow Court | Property Details | No Agent List