Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$267,500

22514 Red River Dr, Katy, TX, 77450

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,021 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.36 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher

Exterior

Lot Size6,787 sqft

Building Information

Year Built1980
Garage Spaces2

Land Information

APN1079620000021
Lot Number21
SubdivisionCimarron
Land UseResidential
Legal DescriptionLT 21 BLK 4 CIMARRON SEC 1 R/P
Census Tract455104
Assessed Land Value$71,243
Assessed Improvement Value$191,187
Assessment Year2025

About this property

This beautifully remodeled 4-bedroom, 2.5-bathroom home in Katy, Texas, seamlessly blends modern upgrades with the charm of an established neighborhood. Located in Cimarron within a highly regarded school district. Main Level: Fresh paint and retextured walls throughout, paired with new waterproof luxury vinyl plank flooring and tiled bathrooms for high durability. Living Room: Features a central wood-burning fireplace serving as the main gathering space. Remodeled Kitchen: Complete with all-new cabinetry, new countertops, corner Lazy Susans, an oversized sink, stylish brass accents, and direct views of the backyard. Upper Level: All-new carpet, refreshed bathrooms with updated hardware, and updated stair balusters and railings. Exterior & Location Highlights Lot & Surroundings: Set on a lot shaded by mature trees. Direct Outdoor Access: Private gated access from the backyard leading directly to Katy’s hike-and-bike trail system for walking, jogging, or cycling.

Investor Tools

$43,423Estimated Mortgage Balance
$272,577Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,896 /month
Positive
Cash Flow Estimate:
$632 /month

Interested in this property?

Deborah Smith

Deborah K. Smith, Broker

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$151/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$228
$262,430
2025
$71,243
$191,187
$262,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$228
$262,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chase Home Equity Line Of Credit
N/A
$59,900
N/A
First
Jun 16, 2014
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,423
$272,577
86%
14%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,830/mo
$400/mo
+$2,430/mo
10.7%

City: Katy

22514 Red River Dr | Property Details | No Agent List