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$268,000

NAL Estimated Property Value

22603 Rangeview Dr, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,416 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.08 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size8,120 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1110560000005
Lot Number5
SubdivisionWest Memorial South
Land UseResidential
Legal DescriptionLT 5 BLK 46 WEST MEMORIAL SOUTH SEC 1
Census Tract455104
Assessed Land Value$78,502
Assessed Improvement Value$181,966
Assessment Year2025

About this property

Beautiful describes this lovely single-story brick home, nestled in the heart of the distinctive West Memorial subdivision and zoned to the award winning Katy Independent School District! This impressive 3 bedroom, 2 bathroom home has been meticulously maintained by the owner, and features glistening wood floors, lovely family room with cozy fireplace, arched ceilings, large fully fenced back yard, covered patio, lush landscaping, and exquisite curb appeal.  The impressive kitchen features granite counters, breakfast bar, and spacious breakfast room with beautiful bay window. West Memorial is a lovely established suburban development in Katy between S. Mason Road, the SH 99 (the Grand Parkway), I-10 & Kingsland. Residents enjoy amenities such as community events, neighborhood pool, parks, and clubhouse. Enjoy close proximity to Katy Mills Mall, Typhoon Texas, Houston Energy Corridor, Mason Road/SH 99 shops, stores and some of the Katy's best restaurants. Schedule your showing today!

Investor Tools

Property Icon
$268,000
Estimated Property Value
$200,918Estimated Mortgage Balance
$67,082Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
$520/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,204
$260,468
2025
$78,502
$181,966
$260,468
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,204
$260,468

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$216,000
No
First
Aug 1, 2022
Sep 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,918
$67,082
25%
75%
$1,296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$1,816/mo
+$374/mo
9.8%

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.

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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22603 Rangeview Dr | Property Details | No Agent List