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$425,000

23714 Allingham Ln, Katy, TX, 77494

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,405 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.72 / sqft
Year BuiltBuilt in 2002

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, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringEngineered Wood, Tile

Exterior

Lot Size7,803 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2290-01-002-0040-914
Lot Number4
SubdivisionCinco Ranch West Sec 1
Land UseResidential
Legal DescriptionCINCO RANCH WEST SEC 1, BLOCK 2, LOT 4
Census Tract673106
Assessed Land Value$95,095
Assessed Improvement Value$356,919
Assessment Year2025

About this property

Location, Location, Location! Beautiful one-story Perry Home just minutes from LaCenterra shopping, dining, and entertainment, with Target conveniently across the street. Rich wood flooring flows through most of the main living areas. Spacious formal dining room opens to a gourmet kitchen featuring granite countertops, abundant cabinetry, and ample prep space. The open-concept family room offers floor-to-ceiling windows, abundant natural light, and a gas log fireplace. The private primary suite includes dual vanities, a soaking tub, separate shower, and large walk-in closet. Two secondary bedrooms are separated by a study with built-in bookshelves. Enjoy no back neighbors, a large covered patio for entertaining, HOA-maintained rear fence, replacement windows with a transferable warranty, and zoning to highly acclaimed Katy ISD schools.

Investor Tools

Property Icon
$452,014
Estimated Property Value
$120,000Estimated Mortgage Balance
$410,101Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,712 /month
Positive
Cash Flow Estimate:
$904 /month

Interested in this property?

Susan Hutson

CB&A, Realtors-Katy

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
$1,460/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,442
$452,014
2025
$95,095
$356,919
$452,014
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,442
$452,014

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sib Mortgage Corp
Unknown
$120,000
No
First
Jul 25, 2003
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,913
$410,101
90%
9%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,460/mo
+$1,880/mo
8.9%

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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23714 Allingham Ln | Property Details | No Agent List