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$302,589

2418 Grey Reef Dr, Katy, TX, 77449

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,642 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.21 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size5,057 sqft

Building Information

Year Built2014
Garage Spaces1

Land Information

APN1347800010010
Lot Number10
SubdivisionLakes Of Mason Park
Land UseResidential
Legal DescriptionLT 10 BLK 1 LAKES OF MASON PARK SEC 3
Census Tract542901
Assessed Land Value$51,348
Assessed Improvement Value$251,241
Assessment Year2025

About this property

Gorgeous One Story with a Saltwater Pool! Open floor plan incudes so many upgrades!! Custom paint, pre wired for surround sound & security cameras, solid wood stained cabinets, upgraded tile throughout, granite counter tops, new microwave, custom shutters & blinds, custom vanity in primary bathroom, walk in closet, jetted whirlpool tub, tankless water heater, new A/C & furnace (March 2020), full rain gutters surround the home, professionally installed epoxy floors in garage, new fence, & sprinkler system. Home has smart features which include - Front & garage door lock, thermostat, doorbell, dimmer switches, sprinkler system controller. Saltwater pool includes a waterfall feature with color changing LED lights. Come check out this beauty! Shows like a model home! Close to everything!

Investor Tools

Property Icon
$302,589
Estimated Property Value
$180,000Estimated Mortgage Balance
$137,905Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,816 /month
Positive
Cash Flow Estimate:
$605 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,012
$302,589
2025
$51,348
$251,241
$302,589
No

Tax History

Year
Tax Paid
Assessed Value
2020
$4,012
$302,589

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$180,000
No
First
Nov 2, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,684
$137,905
45%
54%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$1,555/mo
+$595/mo
8.5%

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.

Explore Texas Explore This Area
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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2418 Grey Reef Dr | Property Details | No Agent List