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$290,000

22907 Modica Rift Ln, Katy, TX, 77449

Under ContractInfo
Beds4 Beds
Baths2 Bath
Baths1,749 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.81 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size6,591 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1411680050025
Lot Number25
Land UseResidential
Legal DescriptionLT 25 BLK 5 VENTANA LAKES EAST SEC 4
Census Tract542902
Assessed Land Value$65,666
Assessed Improvement Value$243,081
Assessment Year2025

About this property

Welcome home to this beautifully maintained 4-bedroom, 2-bath single-story residence offering 1,749 square feet of comfortable living space in the desirable Ventana Lakes community of Katy. Built in 2020, this thoughtfully designed home features a modern open-concept layout that blends everyday functionality with inviting spaces for gathering and entertaining. The spacious kitchen flows seamlessly into the living and dining areas, while the private primary suite provides a relaxing retreat. The home is pre-wired for fiber internet with Ezee Fiber as an added convenience! Residents enjoy access to the Ventana Lakes Amenity Center, featuring a clubhouse, fitness center, resort-style pool with lap lanes, splash pad, scenic lakes, walking trails, and multiple playgrounds. Conveniently located near shopping, dining, and major commuter routes, this home offers the perfect combination of comfort, convenience, and exceptional community amenities.

Investor Tools

$158,845Estimated Mortgage Balance
$149,902Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,852 /month
Positive
Cash Flow Estimate:
$617 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
$913/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,671
$308,747
2025
$65,666
$243,081
$308,747
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,671
$308,747

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$178,792
No
First
Oct 19, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,845
$149,902
48%
51%
$1,072/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$1,985/mo
+$795/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.

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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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22907 Modica Rift Ln | Property Details | No Agent List