$307,000
NAL Estimated Property Value22826 Indian Ridge Dr, Katy, TX, 77450
Off Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile
Exterior
Lot Size7,013 sqft
Building Information
Year Built1980
Stories1
Garage Spaces2
Land Information
APN1120500000015
Lot Number15
SubdivisionCimarron
Land UseResidential
Legal DescriptionLT 15 BLK 31 CIMARRON SEC 8 R/P
Census Tract455102
Assessed Land Value$69,115
Assessed Improvement Value$217,407
Assessment Year2025
About this property
Welcome Home! Newly renovated throughout with modern upgrades and timeless charm! This beautifully updated home in the highly desirable Cimarron neighborhood and top-rated Katy ISD features an updated kitchen, new flooring, fresh paint, stylish bathrooms, and stainless steel appliances. Major updates include a new roof (2023) and complete plumbing upgrade with UPINR piping (2022). Nestled in a quiet community with quick access to I-10, shopping, and dining. This is the perfect blend of location, comfort, and value. Don't miss your chance to make it yours!
Investor Tools
$307,000
Estimated Property Value
$245,108Estimated Mortgage Balance
$61,892Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$565/month
$500/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,245
$286,522
2025
$69,115
$217,407
$286,522
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,245
$286,522
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Cu
Conventional
$248,000
No
First
Sep 17, 2025
Oct 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,108
$62,892
20%
80%
$1,487/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$1,987/mo
+$843/mo
11.1%
