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$253,667

NAL Estimated Property Value

22726 Red River Dr, Katy, TX, 77450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,280 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.31 / sqft
Year BuiltBuilt in 1978

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, Gas Oven, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,250 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1112420000007
SubdivisionCimarron
Land UseResidential
Legal DescriptionTR 7 BLK 9 CIMARRON SEC 7
Census Tract455104
Assessed Land Value$73,050
Assessed Improvement Value$180,617
Assessment Year2025

About this property

Welcome to 22726 Red River Drive! This nice property is conveniently located in the highly-sought after Katy Independent School District and is walking distance to the large community pool, park, tennis courts and events center, and has easy access to walking trail. This 3-bed, 2-bath home features a living area with a gas fireplace, a large sun room, and has crown molding in the kitchen and living room. The two attic access ladders have insulated enclosures. The property also has an extensive landscape and drainage features, front yard irrigation system, leaf and debris rain gutter filter added in April 2023, and exterior storm windows. It also comes with a greenhouse with A/C unit and a storage shed. Schedule a showing today! NOTE: The seller still has a few things in the house which will be removed before closing. Only the fridge and the range will stay with the house (included in the sale).

Investor Tools

Property Icon
$253,667
Estimated Property Value
$233,823Estimated Mortgage Balance
$19,844Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,522 /month
Positive
Cash Flow Estimate:
$507 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$122/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$196
$253,667
2025
$73,050
$180,617
$253,667
No

Tax History

Year
Tax Paid
Assessed Value
2024
$196
$253,667

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$247,435
Yes
First
May 31, 2023
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,823
$19,844
7%
92%
$1,484/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$1,909/mo
+$281/mo
10.4%

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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22726 Red River Dr | Property Details | No Agent List