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$308,000

NAL Estimated Property Value

22803 Modica Rift Ln, Katy, TX, 77449

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,842 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.33 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dryer, Dishwasher
FlooringCarpet, Laminate

Exterior

Lot Size6,652 sqft

Building Information

Year Built2022
Garage Spaces1

Land Information

APN1415760020001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 2 VENTANA LAKES EAST SEC 7
Census Tract542902
Assessed Land Value$65,730
Assessed Improvement Value$240,374
Assessment Year2025

About this property

Welcome to this beautiful, like-new 4-bedroom home on a premium corner lot! This stunning property features laminate flooring throughout, elegant granite countertops, a covered patio perfect for outdoor relaxation, a modern tankless water heater for energy efficiency, and fresh interior paint completed in February 2026, giving the home a bright, clean, move-in-ready feel. Located in the desirable Ventana Lakes community, residents enjoy access to the neighborhood pool just minutes away. The home offers an excellent location near Texas State Highway 99, with convenient access to banks, gyms, supermarkets, and a variety of restaurants. It’s also just 15 minutes from Katy Asian Town. Offered at $2,450/month, the rent includes a refrigerator, washer, and dryer for your convenience. READY FOR IMMEDIATE MOVE-IN. SECTION 8 ACCEPTED. Don’t miss this incredible opportunity — this home won’t last long!

Investor Tools

Property Icon
$308,000
Estimated Property Value
$279,702Estimated Mortgage Balance
$28,298Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,848 /month
Positive
Cash Flow Estimate:
$616 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$595/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,595
$306,104
2025
$65,730
$240,374
$306,104
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,595
$306,104

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$301,240
No
First
Jul 29, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,702
$34,298
10%
91%
$1,807/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$1,807/mo
+$973/mo
10.8%

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.

Explore Texas Explore This Area
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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22803 Modica Rift Ln | Property Details | No Agent List