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$357,000

NAL Estimated Property Value

24006 Indian Hills Way, Katy, TX, 77494

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,908 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.83 / sqft
Year BuiltBuilt in 2003

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
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,327 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2952-07-003-0310-914
Lot Number31
SubdivisionFalcon Landing Sec 7
Land UseResidential
Legal DescriptionFALCON LANDING SEC 7, BLOCK 3, LOT 31
Census Tract673107
Assessed Land Value$42,900
Assessed Improvement Value$311,489
Assessment Year2025

About this property

Cute as a button, clean as a whistle! This ideal one-story is located in a GATED neighborhood without backyard neighbors and provides easy access to Grand Parkway & I-10. TILE flooring in the kitchen, breakfast, baths & extended entry. ENGINEERED WOOD flooring throughout the rest of the house...NO CARPET!!! Open floor plan. The kitchen has a gas cook top and TONS OF CABINETS & counter space. Spacious master suite complete with a jetted tub, separate shower & dual sinks. WHOLE HOUSE WATER FILTER. Double pane windows. Recent a/c & water heater. LOW TAX RATE. Close to A++ Katy ISD Schools (Fielder Elem, Cinco Ranch Jr & Sr High).

Investor Tools

Property Icon
$357,000
Estimated Property Value
$195,897Estimated Mortgage Balance
$161,103Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,142 /month
Positive
Cash Flow Estimate:
$714 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$471/month
$675/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,863
$354,389
2025
$42,900
$311,489
$354,389
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,863
$354,389

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Assurance Financial Group Llc
Conventional
$224,200
No
First
Dec 13, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,897
$162,103
45%
55%
$1,345/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,020/mo
+$560/mo
8.7%

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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24006 Indian Hills Way | Property Details | No Agent List