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$304,117

NAL Estimated Property Value

22706 Merrymount Dr, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,746 Sq Ft
price_per_sqft$105.96 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,962 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN1055020000002
Lot Number2
SubdivisionWest Memorial
Land UseResidential
Legal DescriptionLT 2 BLK 21 WEST MEMORIAL SEC 2
Census Tract455200
Assessed Land Value$80,342
Assessed Improvement Value$223,775
Assessment Year2025

About this property

LOWEST PRICED HOME IN SOUTH KATY. Attention Investors and Remodelers, this one is for you! 3/2/2 with great layout! Large family room with fireplace, open to the kitchen, separate dining room or flex space. Three large bedrooms and nice size lot. Roof is 2 years old. Great Location near I-10, shopping and great Katy ISD schools! Priced to sell as is. No repairs will be made. Seller does not have a survey. This one won't last!!! HIGHEST AND BEST OFFERS DUE 5PM, THURSDAY, JUNE 24TH.

Investor Tools

Property Icon
$304,117
Estimated Property Value
$202,744Estimated Mortgage Balance
$101,373Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,825 /month
Positive
Cash Flow Estimate:
$608 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
$505/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,015
$304,117
2025
$80,342
$223,775
$304,117
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,015
$304,117

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Connextions Lp
Conventional
$221,600
No
First
Nov 15, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,744
$101,373
33%
67%
$1,329/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$1,834/mo
+$356/mo
8.6%

City: Katy