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$682,000

NAL Estimated Property Value

22515 Rippling Shore Court, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,362 Sq Ft
price_per_sqft$193.34 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate 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

Property Icon
$682,000
Estimated Property Value
$408,540Estimated Mortgage Balance
$273,460Estimated Equity
40% 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
No

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
No
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%

City: Katy

22515 Rippling Shore Court | Property Details | No Agent List