1view

$415,136

23938 River Place Drive, Katy, TX, 77494

Off Market

4 Beds

4 Bath

2,705 Sq Ft

Single Family Residence

$146.77 / sqft

Built in 1998

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Electric Range, Dishwasher, Refrigerator

FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,923 sqft

Building Information

Year Built1998

Stories2

Roof Type105

Garage Spaces2

Land Information

APN2952-10-002-0020-914

Lot Number2

SubdivisionFalcon Landing Sec 10

Land UseResidential

Legal DescriptionFALCON LANDING SEC 10, BLOCK 2, LOT 2

Census Tract673107

Assessed Land Value$42,900

Assessed Improvement Value$372,236

Assessment Year2025

About this property

Beautiful Home in the Sought After Gated Community of Falcon Landing! This Awesome, Updated Kitchen Features Granite Counter Tops, Stainless Steel Appliances & Breakfast Bar; Perfect for your Gourmet Chef! Lots of Natural Light in Spacious Two Story Den w/Corner Fireplace & Wood Laminate Floors, Ideal Space for Entertaining Your Family & Friends! Formal DR is off Kitchen w/Wood Laminate Floors & Crown Molding; Could be Used as a Study. New Samsung S/S DW 8/15/22. Primary Bedroom is on the First Floor & Boasts Beautiful, Wood Laminate Floors, Crown Molding, EnSuite Bath w/Relaxing Whirlpool Tub, Walk In Shower & Large Walk In Closet. Oversized Game Room Up has Room for All of Your Entertaining! Roomy Utility w/Extra Storage Under Stairs. Powder Rm-Easy Entry from Garage. New Roof 2020. Easy Access to Grand Parkway (Hwy 99) & I-10, Restaurants, Entertainment, Hike/Bike Trails & is Zoned to Cinco Ranch High School! This is the One You Have Been Looking For; Make Your Appointment Today!

Investor Tools

$415,136

Estimated Property Value

$0Estimated Mortgage Balance

$415,136Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,491 /month

Positive

Cash Flow Estimate:

$830 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$572/month

$920/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,793

$415,136

2025

$42,900

$372,236

$415,136

Tax History

Year

Tax Paid

Assessed Value

2025

$4,793

$415,136

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$415,136

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$920/mo

+$2,420/mo

9.7%

Learn About the Market: Opportunity in Texas

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.

Explore This Area