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$418,322

NAL Estimated Property Value

22831 Rainbow Bend Lane, Katy, TX, 77450

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths2,314 Sq Ft
price_per_sqft$1.38 / sqft
Year BuiltBuilt in 1994

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size8,120 sqft

Building Information

Year Built1994
Garage Spaces2

Land Information

APN1176250030006
Lot Number6
SubdivisionCinco Ranch Meadow Place
Land UseResidential
Legal DescriptionLT 6 BLK 3 CINCO RANCH MEADOW PLACE SEC 2
Census Tract455103
Assessed Land Value$84,893
Assessed Improvement Value$333,429
Assessment Year2025

About this property

Private pool in Cinco Ranch, look no further! Landlord will include pool and yard maintenance in rent. Prefer long term tenants but open to all lease terms. All bedrooms upstairs with massive primary bedroom and bathroom suite. Completely updated and well maintained, also includes all appliances! 6 burner commercial grade range and custom cabinetry including soft close drawers and cabinets. The backyard is provides a ton of tree shade and a large back covered patio complete wit outdoor lighting. This 4 bedroom 2 and a half bath is an incredible rental oppurtunity!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$627/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,433
$418,322
2025
$84,893
$333,429
$418,322
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,433
$418,322

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$256,000
No
First
May 15, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$220,313
$198,009
47%
53%
$1,535/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$1,535/mo
+$1,295/mo
8.1%

City: Katy

22831 Rainbow Bend Lane | Property Details | No Agent List