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$306,000

515 Rockpoint Drive, Katy, TX, 77450

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,785 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.09 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Vinyl

Exterior

Exterior FeaturesPlayground
Lot Size8,080 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1110610000001
Lot Number1
SubdivisionWest Memorial South
Land UseResidential
Legal DescriptionLT 1 BLK 51 WEST MEMORIAL SOUTH SEC 1
Census Tract455200
Assessed Land Value$78,460
Assessed Improvement Value$173,653
Assessment Year2025

About this property

Gorgeous 3/2/2 in immaculate condition that's move-in ready and includes washer, dryer and refrigerator ** Beautiful Tile floors that flow from entry, family room, dining, hallway & baths, also all bedrooms updated with vinyl plank (no carpet) ** Galvanize piping replaced with pex plumbing ** Nice open kitchen with LED lighting, gas range, built-in microwave, plenty of counter space and a big walk-in pantry ** Large & radiant family room with cathedral ceiling and floor to ceiling gas log fireplace ** Huge primary suite offers nice privacy with two spacious walk-in closet and an adjacent bath with dual vanity sinks & walk-in shower ** High efficiency a/c condenser & coil ** 2 inch blinds and ceiling fans in all bedrooms ** Easy access to community pool, park, school, shopping, restaurants as well as I-10 & The Grand Parkway (99)! ** If you looking for something nice, you found it!!!

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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
$4,063
$252,113
2025
$78,460
$173,653
$252,113
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,063
$252,113

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Conventional
$107,250
No
First
Jul 31, 2017
Aug 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$87,642
$218,358
71%
29%
$644/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$644/mo
+$1,546/mo
8.6%

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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515 Rockpoint Drive | Property Details | No Agent List