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$333,990

$339,990

23231 Diamond Knoll Ct, Katy, TX, 77494

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,288 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.97 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh Equity

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, Dishwasher
FlooringCarpet, Laminate

Exterior

Lot Size7,039 sqft

Building Information

Year Built1993
Garage Spaces2

Land Information

APN1173540030008
Lot Number8
SubdivisionHeritage Square
Land UseResidential
Legal DescriptionLT 8 BLK 3 HERITAGE SQUARE SEC 1
Census Tract455102
Assessed Land Value$82,966
Assessed Improvement Value$252,034
Assessment Year2025

About this property

Is this price for real???? Yeeesss it is!!! Tucked away on a quiet cul-de-sac in Cinco Ranch, Brand new roof, brand new A/C, new insulation!! this gorgeous home has a special division split in the back, like a mini appartment with kitchen too! private space to lease it out or for a family member, this magnificent home has also a home office!! the garage have been converted into another room with A/C this is an amazing gem, hard to find... this home offers the kind of privacy and everyday comfort that’s hard to find. The layout feels open and intentional, with natural light flowing through the main living areas, creating a warm and inviting atmosphere from the moment you walk in. The backyard gives you the space to unwind, host, or simply enjoy your own corner of peace. With quick access to Grand Parkway and I-10, you’re perfectly connected without sacrificing tranquility. This is one of those homes that just feels right the second you step inside!

Investor Tools

Property Icon
$346,000
Estimated Property Value
$176,500Estimated Mortgage Balance
$198,565Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,076 /month
Positive
Cash Flow Estimate:
$692 /month

Interested in this property?

Leonel Hidalgo

PAK Home Realty North West

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,411
$335,000
2025
$82,966
$252,034
$335,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,411
$335,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Conventional
$176,500
No
First
May 17, 2018
Jun 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,435
$198,565
57%
43%
$1,059/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,634/mo
+$946/mo
8.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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23231 Diamond Knoll Ct | Property Details | No Agent List