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$300,260

NAL Estimated Property Value

2543 Grey Reef Drive, Katy, TX, 77449

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,842 Sq Ft
price_per_sqft$161.78 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Wood

Exterior

Lot Size10,528 sqft

Building Information

Year Built2013
Garage Spaces1

Land Information

APN1347800040013
Lot Number13
SubdivisionLakes Of Mason Park
Land UseResidential
Legal DescriptionLT 13 BLK 4 (PR YR IMPS 2014*1347800040023) LAKES OF MASON PARK SEC 3
Census Tract542901
Assessed Land Value$57,008
Assessed Improvement Value$243,252
Assessment Year2025

About this property

Discover this move in ready home tucked at the end of a beautiful cul-de-sac with generous yard space and plenty of room to add your dream pool and outdoor living area. Thoughtfully maintained inside and out with fresh paint throughout, new LVP (2026) flooring in the living areas, and new (2026) carpet in all bedrooms. Open living spaces flow seamlessly to the large backyard, ideal for entertaining, play, or future expansion. All info per Seller.

Investor Tools

Property Icon
$300,260
Estimated Property Value
$120,008Estimated Mortgage Balance
$180,252Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,802 /month
Positive
Cash Flow Estimate:
$601 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$137/month
$545/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$144
$300,260
2025
$57,008
$243,252
$300,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$144
$300,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Va
$163,440
Yes
First
May 30, 2014
Jun 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,008
$180,252
60%
40%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,150/mo
$545/mo
+$1,605/mo
8.6%

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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2543 Grey Reef Drive | Property Details | No Agent List