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$443,000

NAL Estimated Property Value

23502 Tayman Park Lane, Katy, TX, 77494

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,324 Sq Ft
price_per_sqft$193.59 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size11,477 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2952-01-003-0120-914
Lot Number12
SubdivisionFalcon Landing Sec 1
Land UseResidential
Legal DescriptionFALCON LANDING SEC 1, BLOCK 3, LOT 12
Census Tract673107
Assessed Land Value$49,550
Assessed Improvement Value$331,785
Assessment Year2025

About this property

Exceptional Two-Story home on a large corner lot in the Prestigious Gated Community of Falcon Landing! This home welcomes you with a grand formal foyer featuring soaring ceilings and custom lighting. The spacious living room boasts of vaulted ceilings, a wall of windows, and a stunning fireplace. Kitchen features quartz countertops, custom cabinetry, convection oven, barn door pantry, center island, and breakfast area. There is a study that could be a formal dining room. The primary suite provides a serene retreat with a spa-like bathroom and walk-in closet. Upstairs, there is a game room and two large secondary bedrooms, offering plenty of space for family or guests. The backyard is designed for outdoor enjoyment with a covered patio and fully equipped outdoor kitchen, making it the ideal space for entertaining or relaxing. Conveniently located near major highways this home is close to premium shopping,nenterainment and zoned to the highly-rated Cinco Ranch Junior and High Schools.

Investor Tools

Property Icon
$443,000
Estimated Property Value
$395,817Estimated Mortgage Balance
$47,183Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,699 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,180
$375,076
2025
$49,550
$331,785
$381,335
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,180
$375,076

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$402,300
No
First
Jun 4, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,817
$47,183
10%
89%
$2,412/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$3,612/mo
$-1,032/mo
7.0%

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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23502 Tayman Park Lane | Property Details | No Agent List