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$349,000

NAL Estimated Property Value

22918 Red River Dr, Katy, TX, 77450

Recently SoldInfo
9/07/26
Beds3 Beds
Baths2 Bath
Baths2,058 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.02 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size8,625 sqft

Building Information

Year Built1994
Garage Spaces2

Land Information

APN1156210370005
Lot Number5
SubdivisionGovernors Place
Land UseResidential
Legal DescriptionLT 5 BLK 37 GOVERNORS PLACE SEC 2
Census Tract455102
Assessed Land Value$88,490
Assessed Improvement Value$242,710
Assessment Year2025

About this property

Check out this great 3-bedroom, 2-bathroom home in Katy! Conveniently located near I-10 and Grand Parkway 99, this home features a spacious kitchen with an island, spacious closets, and a great floor plan. It also includes a fully fenced backyard with a storage shed and an attached garage. Don't miss out—schedule your showing today!

Investor Tools

Property Icon
$349,000
Estimated Property Value
$17,313Estimated Mortgage Balance
$331,687Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,843
$331,200
2025
$88,490
$242,710
$331,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,843
$331,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank National Association
Fha
$142,335
Yes
First
Apr 24, 2012
May 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$17,313
$331,687
95%
5%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
N/A
+$2,190/mo
7.5%

City: Katy

22918 Red River Dr | Property Details | No Agent List