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$510,000

NAL Estimated Property Value

22607 Castello Lakes Dr, Katy, TX, 77449

SoldInfo
7/17/26
Beds3 Beds
Baths2 Bath
Baths1,566 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.34 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,155 sqft

Building Information

Year Built2021
Garage Spaces1

Land Information

APN1415900030028
Lot Number28
Land UseResidential
Legal DescriptionLT 28 BLK 3 VENTANA LAKES EAST SEC 5
Census Tract542902
Assessed Land Value$64,942
Assessed Improvement Value$227,686
Assessment Year2025

About this property

Welcome to 22607 Castello Lakes Dr, Katy, TX 77449 — a beautifully maintained 3-bedroom, 2-bathroom home located in one of Katy’s most sought-after communities. Designed with both comfort and style in mind, this home features a bright and open-concept floor plan filled with natural light, modern finishes, and thoughtful details throughout. The spacious kitchen serves as the heart of the home, offering sleek countertops, ample cabinet space, and an ideal layout for everyday living and entertaining. The private primary suite provides a peaceful retreat with a well-appointed en-suite bath and generous closet space. Two additional bedrooms offer flexibility for family, guests, or a home office. Step outside to enjoy the covered patio and backyard, perfect for relaxing or hosting gatherings. Conveniently located near highly rated Katy ISD schools, shopping, dining, parks, and major commuter routes, this home offers the perfect balance of convenience and lifestyle.

Investor Tools

Property Icon
$510,000
Estimated Property Value
$236,190Estimated Mortgage Balance
$274,255Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$523/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,721
$292,628
2025
$64,942
$227,686
$292,628
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,721
$292,628

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$231,715
Yes
First
Aug 31, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,190
$273,810
53%
46%
$1,549/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$1,549/mo
+$1,231/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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22607 Castello Lakes Dr | Property Details | No Agent List