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Owner Contacts

$682,000

22515 Rippling Shore Court, Katy, TX, 77494

Off Market

4 Beds

4 Bath

3,362 Sq Ft

Single Family Residence

$193.34 / sqft

Built in 1998

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Laminate, Tile

Exterior

Private Pool

Lot Size8,610 sqft

Building Information

Year Built1998

Stories2

Roof Type105

Garage Spaces2

Land Information

APN3519-01-002-0100-914

Lot Number10

SubdivisionGrand Lakes Sec 1

Land UseResidential

Legal DescriptionGRAND LAKES SEC 1, BLOCK 2, LOT 10

Census Tract673010

Assessed Land Value$114,400

Assessed Improvement Value$510,857

Assessment Year2025

About this property

Looking for an AMAZING HOME in highly sought after Grand Lakes Section 01? THIS BEAUTIFUL TWO STORY HOME WITH A POOL IS IT! Gorgeous curb appeal with lush, mature landscaping providing a canopy of shade over the front yard greets you and your guests. Inside, you'll note that this home has been meticulously maintained. The family chef will love the white cabinetry and quartz countertop prep space in this bright kitchen. Gather around the fireplace in the living room for a cozy chat during winter months. The spacious Primary Retreat features a lovely accent wall. The owners ensuite boasts 2 walk-in closets, walk-in shower & jetted tub to sooth tired muscles. Upstairs is a spacious game room & 3 large bedrooms, all with walk in closets. Outdoors is a wonderful pergola, a gas firepit, & a sparkling 13,500 gallon pool w/ hot tub suited for a nice game of water volleyball. Zoned to KatyISD and located near major freeways, local shopping, and restaurants mean this gem will not last long!

Investor Tools

$682,000

Estimated Property Value

$0Estimated Mortgage Balance

$273,460Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,092 /month

Positive

Cash Flow Estimate:

$1,364 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$953/month

$1,050/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,032

$625,257

2025

$114,400

$510,857

$625,257

Tax History

Year

Tax Paid

Assessed Value

2025

$8,032

$625,257

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Swbc Mortgage Corp

Conventional

$440,000

First

Jul 26, 2022

Aug 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$408,540

$273,460

40%

60%

$2,639/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$3,689/mo

$-349/mo

5.9%

Learn About the Market: Opportunity in Texas

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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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