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$285,000

22431 Albee Dr, Katy, TX, 77449

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,936 Sq Ft
price_per_sqft$147.21 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size5,750 sqft

Building Information

Year Built2013
Garage Spaces2

Land Information

APN1291860020037
Lot Number37
SubdivisionBridgewater Place
Land UseResidential
Legal DescriptionLT 37 BLK 2 BRIDGEWATER PLACE SEC 2
Census Tract542901
Assessed Land Value$56,638
Assessed Improvement Value$242,586
Assessment Year2025

About this property

Welcome home to this well-maintained, one-story brick home, proudly owned by its original owners! Great curb appeal with a beautiful oak tree out front. Recent updates provide peace of mind, including a roof replaced just 4 months ago, a new fence installed 6 months ago, freshly painted walls, ceiling, trim, and doors, plus brand-new carpet. The functional floor plan features a private study, formal dining room, and a spacious family room that opens to the kitchen. The kitchen offers granite countertops, abundant counter space, 42-inch dark wood cabinets, plenty of storage, and a gas range. The large primary suite includes a walk-in closet and an ensuite bath with dual sinks, a separate shower, and a relaxing garden tub. Enjoy the oversized backyard with a covered patio, perfect for entertaining or relaxing. Conveniently located near shopping, restaurants, and schools.

Investor Tools

$94,322Estimated Mortgage Balance
$204,902Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,795 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Heather Schuren

RE/MAX Cinco Ranch

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$448/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,883
$299,224
2025
$56,638
$242,586
$299,224
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,883
$299,224

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$135,502
No
First
Mar 15, 2013
Apr 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,322
$204,902
68%
32%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$360/mo
+$1,790/mo
8.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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