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$423,000

NAL Estimated Property Value

2319 High Landing Ln, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,552 Sq Ft
price_per_sqft$164.54 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,945 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2965-07-001-0270-914
Lot Number27
SubdivisionFalcon Ranch Sec 7
Land UseResidential
Legal DescriptionFALCON RANCH SEC 7, BLOCK 1, LOT 27
Census Tract673107
Assessed Land Value$42,900
Assessed Improvement Value$363,918
Assessment Year2025

About this property

Lovely 4/2.5/2 in Falcon Ranch neighborhood is located on a quiet street with no backyard neighbors. Vaulted ceiling entry welcomes you into the home. Home is painted in neutral tones throughout making decorating easy. Primary bedroom is on first floor with updated primary bath. Formal dining is located next to spacious kitchen with pretty wood floors. Kitchen has wrap around bar opening up to living and breakfast rooms. Bar creates plenty of additional seating for guests or dining. Large windows keep the living space light and bright and overlook the backyard. Back porch is covered by vaulted ceiling patio cover which faces south and extends across the entire back of house. 3 nicely sized bedrooms are on the second floor as well as a game room and study. HVAC replaced in 2023. Home is conveniently located near I-10, 99 and Westpark Tollway. Zoned to exemplary Katy ISD schools - Rylander Elementary, Cinco Ranch Jr. & High Schools. Great shopping and dining are all located nearby.

Investor Tools

Property Icon
$423,000
Estimated Property Value
$412,851Estimated Mortgage Balance
$10,149Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,538 /month
Positive
Cash Flow Estimate:
$846 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
$767/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,859
$383,142
2025
$42,900
$363,918
$406,818
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,859
$383,142

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$417,100
No
First
Oct 28, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$412,851
$15,149
3%
98%
$2,501/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,268/mo
+$72/mo
9.5%

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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2319 High Landing Ln | Property Details | No Agent List