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$395,000

NAL Estimated Property Value

22902 Rainbow Bend Ln, Katy, TX, 77450

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,518 Sq Ft
price_per_sqft$164.81 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee Owner

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, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size7,910 sqft

Building Information

Year Built1994
Garage Spaces2

Land Information

APN1176250010005
Lot Number5
SubdivisionCinco Ranch Meadow Place
Land UseResidential
Legal DescriptionLT 5 BLK 1 CINCO RANCH MEADOW PLACE SEC 2
Census Tract455103
Assessed Land Value$84,652
Assessed Improvement Value$290,348
Assessment Year2025

About this property

Amazing totally updated 4 bedroom home in Cinco Ranch for Sale. New roof 10/21. Freshly painted. Oversized wooded lot with no back neighbors for privacy. Above ground pool, 2 patios. Beautiful dark laminate floors through out the entire house. Family room with gas fireplace and formal dining. Upgraded white kitchen w soft close, built in fridge, Granit counter, Island, Induction cooktop, wall cabinets w lights. Good size Premier bedroom with extra deep shelving in closet. Wow look at the premier bathroom all new in 2021 w marble tile, heated towel rack, frameless shower, bidet, led lights at niches above tub and in shower. and more. All toilets are wall mounted/concealed tank. Upstairs game room and 3 bedrooms. All bedrooms have updated closet systems for more storage. Upstairs bathroom w bidet toilet, marble tiles, heated towel rack, glass sliding door, wall mounted vanities. This home will not disappoint, seller spend over $170.000 on upgrades. Check out the list of upgrades uploaded

Investor Tools

Property Icon
$395,000
Estimated Property Value
$315,739Estimated Mortgage Balance
$79,261Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$604/month
$1,115/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,271
$375,000
2025
$84,652
$290,348
$375,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,271
$375,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$324,000
No
First
Dec 15, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,739
$85,261
21%
80%
$2,057/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$3,172/mo
$-342/mo
8.6%

City: Katy

22902 Rainbow Bend Ln | Property Details | No Agent List