$395,000
23826 River Place Drive, Katy, TX, 77494
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Laminate, Tile
Exterior
Lot Size6,017 sqft
Building Information
Year Built1998
Stories2
Roof Type105
Garage Spaces2
Land Information
APN2952-09-001-0160-914
Lot Number16
SubdivisionFalcon Landing Sec 9
Land UseResidential
Legal DescriptionFALCON LANDING SEC 9, BLOCK 1, LOT 16
Census Tract673107
Assessed Land Value$42,900
Assessed Improvement Value$349,313
Assessment Year2025
About this property
Investor Opportunity! Spacious 4 BR Home in excellent location! This home features tile & laminate wood Flooring throughout. Both formals upon entry with archways. Den with built-in shelving, fireplace & ceiling fan. Island Kitchen comes with tile backsplash & breakfast room. Large primary with walk-in closet. Nice size secondary rooms all with walk-in closets as well! Plenty of backyard space & shed in backyard for use. Close to Shopping & community amenities. Come See Today, You Don't Want to Miss This One!
Investor Tools
$0Estimated Mortgage Balance
$424,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,544 /month
Positive
Cash Flow Estimate:
$848 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$711/month
$1,100/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,412
$392,213
2025
$42,900
$349,313
$392,213
No
Tax History
Year
Tax Paid
Assessed Value
2025
$6,412
$392,213
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$424,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,100/mo
+$2,240/mo
9.5%
