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A+
NoAgentList RatingHow are grades calculated?Info

$419,000

NAL Estimated Property Value

23231 S Warmstone Way, Katy, TX, 77494

$436,239 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,625 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.19 / sqft
Year BuiltBuilt in 1998

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, Microwave, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,044 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN1185010070018
Lot Number18
SubdivisionCinco Ranch Meadow Place
Land UseResidential
Legal DescriptionLT 18 BLK 7 CINCO RANCH MEADOW PLACE SEC 4
Census Tract455102
Assessed Land Value$73,952
Assessed Improvement Value$327,476
Assessment Year2025

About this property

This quaint 3 bedroom, 2 bath home in beautiful Cinco Ranch is the perfect one story. The bright kitchen is open to breakfast room and living room. Right around the corner is the study, with a dual fireplace shared with the living room. All bedrooms are good-sized and have large closets. New roof (2019), New interior paint (2018) Updated sprinkler system (2019) New fence (Aug 2020). Schedule your private or virtual showing today. This one will not last long!

Investor Tools

Property Icon
$419,000
Estimated Property Value
$178,048Estimated Mortgage Balance
$240,952Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$436,239
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,514 /month
Positive
Cash Flow Estimate:
$838 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
$1,095/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,183
$401,428
2025
$73,952
$327,476
$401,428
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,183
$401,428

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Keller Mortgage Llc
Conventional
$200,000
No
First
Sep 25, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,048
$241,952
57%
42%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,295/mo
+$285/mo
7.4%

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.

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 S Warmstone Way | Property Details | No Agent List