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$304,655

2426 Grey Reef Dr, Katy, TX, 77449

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,852 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.79 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size5,057 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN1347800010008
Lot Number8
SubdivisionLakes Of Mason Park
Land UseResidential
Legal DescriptionLT 8 BLK 1 LAKES OF MASON PARK SEC 3
Census Tract542901
Assessed Land Value$51,348
Assessed Improvement Value$253,307
Assessment Year2025

About this property

Gorgeous home with beautiful stone elevation & lush landscaping! Full brick around the exterior with sprinkler system. The home comes with many upgrades. Beautiful barn doors; bronze fixtures; recent designer paint; granite counters in kitchen with island; 20X20 porcelain tile with accents; plenty of cabinet & storage space; large bedrooms; walk in closets; large laundry room; shutters & mini blinds throughout; crown molding; & gas fireplace.

Investor Tools

Property Icon
$304,655
Estimated Property Value
$7,335Estimated Mortgage Balance
$297,931Estimated Equity
98% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,828 /month
Positive
Cash Flow Estimate:
$609 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$455/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,943
$304,655
2025
$51,348
$253,307
$304,655
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,943
$304,655

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$7,335
No
First
Dec 27, 2021
Dec 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$6,724
$297,931
97%
2%
$44/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$519/mo
+$1,631/mo
8.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2426 Grey Reef Dr | Property Details | No Agent List