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$522,000

NAL Estimated Property Value

23802 China Lake Ct, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,835 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.38 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size8,991 sqft

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2952-05-002-0190-914
Lot Number19
SubdivisionFalcon Landing Sec 5
Land UseResidential
Legal DescriptionFALCON LANDING SEC 5, BLOCK 2, LOT 19
Census Tract673107
Assessed Land Value$52,520
Assessed Improvement Value$413,380
Assessment Year2025

About this property

This charming and beautiful one-story home in the gated community of Falcon Landing is a jewel, both inside and out. Inside, you will find a very well-maintained and updated four-bedroom, three-bath home with high ceilings, large windows, and a wonderful, open-concept floorplan that all combine to make this house a ''Wow!'' Outside, you’ll love the striking curb appeal, the spacious corner lot, the tall trees and extensive landscaping. Most of all, you'll love the sparkling resort-style pool and spacious covered patio. Meticulously maintained by caring owners, the home is perfection. Just a short walk to the community pool/playground, the home also is only a few minutes from shopping and dining. You'll love life in Falcon Landing with its wonderful amenities, excellent Katy ISD schools, and easy access to 99/Grand Parkway. In addition, the home has never flooded!

Investor Tools

Property Icon
$522,000
Estimated Property Value
$0Estimated Mortgage Balance
$307,309Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,132 /month
Positive
Cash Flow Estimate:
$1,044 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
$920/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,570
$465,900
2025
$52,520
$413,380
$465,900
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,570
$465,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$515,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$920/mo
+$2,420/mo
7.7%

City: Katy

23802 China Lake Ct | Property Details | No Agent List