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$393,000

NAL Estimated Property Value

23123 N Warmstone Way, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,250 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.73 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,802 sqft

Building Information

Year Built1996
Garage Spaces2

Land Information

APN1185010030032
Lot Number32
SubdivisionCinco Ranch Meadow Place
Land UseResidential
Legal DescriptionLT 32 BLK 3 CINCO RANCH MEADOW PLACE SEC 4
Census Tract455102
Assessed Land Value$75,300
Assessed Improvement Value$257,542
Assessment Year2025

About this property

Charming 4 bedroom, 2 full bath home in Cinco Ranch Meadow Place! Impeccably landscaped front yard with mature shade trees boasts great curb appeal. Enter this home through the covered entry to an amazing floorplan. Porcelain tile flooring and elevated ceiling greet you on entry. Formal dining off entry offers porcelain tiled flooring and windows that provide natural lighting. Kitchen offers a lovely island, stainless-steel appliances, tile backsplash, gas cooktop, and recessed lighting. Enjoy entertaining family and friends in this spacious den that features a gaslog fireplace, beautiful arched openings, and cove lighting. Spacious master suite offers high ceiling, laminate wood flooring, and double door entry into master bathroom. Master bathroom features dual sinks, dual vanities, large soaking tub, separate shower, and walk-in closet. Spacious secondary bedrooms. Beautifully landscaped backyard with covered patio! Award-winning Katy school district.

Investor Tools

Property Icon
$393,000
Estimated Property Value
$321,144Estimated Mortgage Balance
$71,856Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$572/month
$1,115/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,904
$332,842
2025
$75,300
$257,542
$332,842
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,904
$332,842

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top One Mortgage
Conventional
$346,500
No
First
Jun 22, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$321,144
$83,856
20%
82%
$2,078/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,193/mo
$-613/mo
7.9%

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.

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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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23123 N Warmstone Way | Property Details | No Agent List