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$503,000

NAL Estimated Property Value

2306 Shelby Park Dr, Katy, TX, 77450

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,226 Sq Ft
price_per_sqft$123.99 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Trash Compactor, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringLaminate, Tile

Exterior

Lot Size8,398 sqft

Building Information

Year Built1991
Garage Spaces2

Land Information

APN1170320020009
Lot Number9
SubdivisionKelliwood Gardens
Land UseResidential
Legal DescriptionLT 9 BLK 2 KELLIWOOD GARDENS SEC 1
Census Tract454901
Assessed Land Value$85,260
Assessed Improvement Value$374,263
Assessment Year2025

About this property

Wonderful, spacious 5 bedroom home! In a small cul-de-sac location. Wonderful layout with primary bedroom on the ground floor along with a study, living and formal dining. The entire interior has been repainted, even the kitchen cabinets. Wood look flooring and tile flooring throughout the home even extending thru the entire second floor. No carpeted areas remain! Upstairs bathrooms are shared between the 4 bedrooms. The baths have convenient showers rather than tubs. Large secondary bedrooms and a huge game room. Island kitchen features solid surface counters, stainless steel double ovens and trash compactor. Primary bathroom has a whirlpool tub and separate shower. Back yard is also quite spacious and the home has a large covered back patio. Fantastic Katy schools.

Investor Tools

Property Icon
$503,000
Estimated Property Value
$357,970Estimated Mortgage Balance
$145,030Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,018 /month
Positive
Cash Flow Estimate:
$1,006 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$921/month
$770/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,542
$459,523
2025
$85,260
$374,263
$459,523
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,542
$459,523

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gibraltar Mortgage Services Llc
Conventional
$394,250
No
First
Jul 13, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$357,970
$143,030
28%
71%
$2,364/mo

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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2306 Shelby Park Dr | Property Details | No Agent List