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$468,000

NAL Estimated Property Value

23306 S Warmstone Way, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,412 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.93 / sqft
Year BuiltBuilt in 1998

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, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Oven
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size7,980 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN1185010060007
Lot Number7
SubdivisionCinco Ranch Meadow Place
Land UseResidential
Legal DescriptionLT 7 BLK 6 CINCO RANCH MEADOW PLACE SEC 4
Census Tract455102
Assessed Land Value$75,480
Assessed Improvement Value$355,936
Assessment Year2025

About this property

How many boxes can you check off with just one house??? Cinco, 1 story, pool, covered patio, 4 beds, open plan (photographer provided floor plan online), high ceilings, well cared for... But let me go on! Great location (backs to other Cinco HOUSES, not apartments/commercial/street), 4 sides brick, recent interior paint, pool refinished (within 12 months), ceiling fans everywhere, lots of closet space (including linen), 2 attic accesses, gas log fireplace. Plus there's lots of extra features you probably don't even know how much you'll appreciate like rain head shower in master, pool stairs have a hand rail, fence replaced last 12 months (ALL neighbors shared in cost!), large island in kitchen (WITH plugs which you know code doesn't allow anymore), his & her medicine cabinets in master bath, 2 doorways to pool, 7 year old roof. You also get lower tax rate, award winning schools and amazing neighbors!

Investor Tools

Property Icon
$468,000
Estimated Property Value
$423,774Estimated Mortgage Balance
$44,226Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$602/month
$1,300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,886
$431,416
2025
$75,480
$355,936
$431,416
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,886
$431,416

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Directions Equity Llc
Conventional
$427,500
No
First
Nov 21, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$423,774
$47,226
10%
91%
$2,564/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,864/mo
$-1,284/mo
6.6%

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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23306 S Warmstone Way | Property Details | No Agent List