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$419,686

NAL Estimated Property Value

22503 Kent Falls Dr, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,674 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.32 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size7,819 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN1153490020015
Lot Number15
SubdivisionCornerstone Place
Land UseResidential
Legal DescriptionLT 15 BLK 2 CORNERSTONE PLACE SEC 1
Census Tract455000
Assessed Land Value$86,880
Assessed Improvement Value$332,806
Assessment Year2025

About this property

DON'T MISS OUT! This charming 2 story with 4 bedrooms, 2.5 bath with the master down and LOW TAX RATE. Beautiful wood & tile floors downstairs, granite countertops, lots of oversized windows, spacious den. Game room, plantation shutters, oversized bathroom vanities and updated master bathroom shower. The backyard is a retreat for you to relax in or let Fido stretch his legs. Plenty of space for a garden or just enjoy the lush, green grass. Short distance to great schools, lots of parks and bike trails including Willow Fork Drainage District park. So many grocery stores nearby including Kroger, HEB, Aldi and Walmart Neighborhood Market. Don't forget shopping and dining in La Centerra, Katy Mills and the upcoming Katy Boardwalk. HOT location zoned to highly sought after Katy ISD (Fielder Elem, Beck JH and Cinco Ranch HS) and easy access to I-10, Grand Parkway and the Westpark Toll.

Investor Tools

Property Icon
$419,686
Estimated Property Value
$250,694Estimated Mortgage Balance
$168,992Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,518 /month
Positive
Cash Flow Estimate:
$839 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$813/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,661
$419,686
2025
$86,880
$332,806
$419,686
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,661
$419,686

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$279,354
No
First
Jan 29, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,694
$168,992
40%
60%
$1,675/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$2,325/mo
+$505/mo
8.1%

City: Katy

22503 Kent Falls Dr | Property Details | No Agent List