$604,000
NAL Estimated Property Value22703 Sierra Lake Ct, Katy, TX, 77494
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Microwave, Gas Range, Convection Oven
FlooringCarpet, Tile, Wood
Exterior
Lot Size9,808 sqft
Building Information
Year Built2002
Stories2
Roof Type105
Garage Spaces2
Land Information
APN3519-12-001-0560-914
Lot Number56
SubdivisionGrand Lakes Sec 12
Land UseResidential
Legal DescriptionGRAND LAKES SEC 12, BLOCK 1, LOT 56
Census Tract673010
Assessed Land Value$120,120
Assessed Improvement Value$430,080
Assessment Year2025
About this property
Rare Grand Lakes find! Beautifully appointed 2 story David Weekley home, 4 bdrs, 3,5 bths on the lake. Close to the Energy Corridor. Ideal location (Westpark Tollway, HWY. 99 and I-10) in a great master planned community which includes swimming pools, tennis courts and more. Great schools (kinder through HS). 2 car garage, game room and large laundry. Covered patio with view and access to the lake. Must see.
Investor Tools
$604,000
Estimated Property Value
$280,481Estimated Mortgage Balance
$323,519Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,624 /month
Positive
Cash Flow Estimate:
$1,208 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$825/month
$1,100/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,880
$550,200
2025
$120,120
$430,080
$550,200
No
Tax History
Year
Tax Paid
Assessed Value
2025
$6,880
$550,200
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Savings Bank
Conventional
$317,000
No
First
Jun 26, 2020
Jul 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,481
$319,519
53%
46%
$1,901/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,001/mo
+$339/mo
6.6%
