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$375,000

NAL Estimated Property Value

23842 River Place Drive, Katy, TX, 77494

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths2,132 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.12 / sqft
Year BuiltBuilt in 1998

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size6,855 sqft

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2952-10-002-0120-914
Lot Number12
SubdivisionFalcon Landing Sec 10
Land UseResidential
Legal DescriptionFALCON LANDING SEC 10, BLOCK 2, LOT 12
Census Tract673107
Assessed Land Value$42,900
Assessed Improvement Value$312,768
Assessment Year2025

About this property

Beautifully Maintained One-Story Home in Gated Community – Move-In Ready! This charming and well-kept one-story home features laminate wood flooring and tile throughout — NO carpet! Freshly painted interior gives the space a bright, clean feel. The private study with elegant French doors can easily serve as a 4th bedroom to suit your needs. You'll love the spacious island kitchen, complete with abundant cabinet and counter space, refrigerator. Major updates have been taken care of for you: recent roof, AC, and water heater. Zoned to top-rated Katy ISD schools, this home is located in a friendly neighborhood with convenient access to major freeways, shopping, and dining. Prime location. Available NOW!!! Schedule your showing today!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$641/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,815
$355,668
2025
$42,900
$312,768
$355,668
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,815
$355,668

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Countrywide Home Loans Inc
Unknown
$97,840
No
First
Dec 19, 2003
Jan 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,211
$338,789
90%
10%
$460/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$460/mo
+$2,120/mo
8.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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23842 River Place Drive | Property Details | No Agent List