$319,900
22623 Holly Lake Drive, Katy, TX, 77450
$327,766 ARV
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size6,351 sqft
Building Information
Year Built1997
Garage Spaces2
Land Information
APN1157210030008
Lot Number8
SubdivisionCreekstone
Land UseResidential
Legal DescriptionLT 8 BLK 3 CREEKSTONE SEC 3
Census Tract455103
Assessed Land Value$67,374
Assessed Improvement Value$265,849
Assessment Year2025
About this property
Stunning 4 bedrooms house located in Creekstone Subdivision and is zoned to the highly acclaimed Katy iSD with easy commute to I-10,99, Convenient to Downtown Katy, Westchase. Multiple restaurants, grocery and entertainment options within 5-10 minutes. This property features wood laminate flooring throughout. Spacious Living room ,a separate Dining room with fireplace and plenty of natural lighting. Ceiling fans throughout Home never flooded.This one will not last long! Come see this amazing home!
Investor Tools
$7,126Estimated Mortgage Balance
$327,874Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$327,766
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$621/month
$480/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,781
$333,223
2025
$67,374
$265,849
$333,223
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,781
$333,223
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Barnett Mtg Company
N/A
$90,450
N/A
First
Nov 20, 1997
Dec 2027
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$7,126
$327,874
97%
2%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$480/mo
+$2,350/mo
10.1%
