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$615,000

NAL Estimated Property Value

22515 Crescent Cove Court, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,299 Sq Ft
price_per_sqft$114.88 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Double Oven
FlooringCarpet, Laminate, Tile, Wood

Exterior

Lot Size9,977 sqft

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3519-01-001-0020-914
Lot Number2
SubdivisionGrand Lakes Sec 1
Land UseResidential
Legal DescriptionGRAND LAKES SEC 1, BLOCK 1, LOT 2
Census Tract673010
Assessed Land Value$120,120
Assessed Improvement Value$456,811
Assessment Year2025

About this property

Beautifully renovated home in an amazing location! This home has been extensively remodeled to include new cabinets and countertops, new interior paint, new floors, new light fixtures, and landscaping! Both the formal living and dining rooms have decorative chair rail and wainscoting. The living room can be used as an office. The main living room is light and airy thanks to high ceilings and big windows letting in tons of natural light. The bright white kitchen boasts new shaker-style cabinets, new granite countertops, stainless steel appliances, double ovens and a chef's vent hood. The first-floor master bedroom has beautiful high ceilings and a private en-suite with double sinks and a separate stand-up shower! The additional three bedrooms are all upstairs along with the spacious game room. The backyard is a perfect size with a patio for entertaining outdoors! Schedule your showing today! Located just two blocks away from shopping and dining. Quick access to the Grand Parkway.

Investor Tools

Property Icon
$615,000
Estimated Property Value
$305,909Estimated Mortgage Balance
$309,091Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,690 /month
Positive
Cash Flow Estimate:
$1,230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$846/month
$1,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,075
$562,906
2025
$120,120
$456,811
$576,931
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,075
$562,906

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$356,250
No
First
Apr 25, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,909
$309,091
50%
50%
$2,136/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,286/mo
+$54/mo
6.5%

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.

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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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22515 Crescent Cove Court | Property Details | No Agent List