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$344,000

22827 Castello Lakes Dr, Katy, TX, 77449

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,271 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.12 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Oven
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesPlayground
Lot Size6,909 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1415900070011
Lot Number11
Land UseResidential
Legal DescriptionLT 11 BLK 7 VENTANA LAKES EAST SEC 5
Census Tract542902
Assessed Land Value$66,001
Assessed Improvement Value$223,275
Assessment Year2025

About this property

LIKE BRAND NEW BEAUTIFUL HOME. BUILT BY D.R. HORTON. GORGEOUS INSIDE WITH SMART-HOME SYSTEM, TANKLESS WATER HEATER, FRESH NEW PAINT AND MANY MORE UPGRADES. BEST SCHOOL DISTRICT-KATY ISD. MINUTES AWAY FROM KATY ASIAN TOWN, KATY MILLS, GOOD RESTAURANTS AND SHOPPING CENTERS. EASY ACCESS TO I-19 / 99. FRIDGE, WASHER, DRYER INCLUDED.

Investor Tools

Property Icon
$344,000
Estimated Property Value
$0Estimated Mortgage Balance
$344,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$572/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,149
$289,276
2025
$66,001
$223,275
$289,276
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,149
$289,276

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$340,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
N/A
+$2,780/mo
9.7%

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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22827 Castello Lakes Dr | Property Details | No Agent List