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$550,000

NAL Estimated Property Value

23211 Fallmist Court, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,086 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.22 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size9,860 sqft

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2273-06-001-0090-914
Lot Number9
SubdivisionCinco Ranch Greenway Village Sec 6
Land UseResidential
Legal DescriptionCINCO RANCH GREENWAY VILLAGE SEC 6, BLOCK 1, LOT 9
Census Tract673005
Assessed Land Value$98,280
Assessed Improvement Value$398,904
Assessment Year2025

About this property

GORGEOUS 4-5 BEDROOM 3.5 BATH HOME W/3 CAR DETACHED GARAGE NESTLED on a 9,000 SQ FT+ CUL DE SAC LOT in CINCO RANCH GREENWAY VILLAGE! Upon entry is the formal dining & the office/study w/french doors & custom lighted built-ins. Lovely family room w/custom shelving, wood beam mantle & wall of windows to the backyard. Stunning remodeled (2024) White Isle kitchen w/loads of custom soft close cabinetry, double ovens, under mount lighting & stainless appliances. Luxury vinyl wood look flooring on first floor. Primary suite w/sitting area & remodeled (2025) ensuite bath w/custom double sink wood vanity, freestanding tub & huge shower w/bench. Head upstairs to 3 large bedrooms, a bonus room (added 2020), game room, wet bar & 2 full baths. Huge covered patio area & large yard. Walking distance to neighborhood amenities & backs to the side of Fielder Elementary! Roof 2018, HVAC 2017, Water Heaters 2026 & Windows 2024. Low Taxes. Never Flooded!

Investor Tools

Property Icon
$550,000
Estimated Property Value
$122,764Estimated Mortgage Balance
$427,236Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$915/month
$1,550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,233
$497,184
2025
$98,280
$398,904
$497,184
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,233
$497,184

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Unknown
$183,600
No
First
Mar 5, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,764
$427,236
77%
22%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,550/mo
+$1,790/mo
7.3%

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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23211 Fallmist Court | Property Details | No Agent List