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$439,000

NAL Estimated Property Value

24010 River Place Dr, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,730 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$93.41 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator, Microwave, Electric Range, Electric Oven, Free-Standing Range
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size7,345 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2952-10-001-0010-914
Lot Number1
SubdivisionFalcon Landing Sec 10
Land UseResidential
Legal DescriptionFALCON LANDING SEC 10, BLOCK 1, LOT 1
Census Tract673107
Assessed Land Value$45,045
Assessed Improvement Value$376,886
Assessment Year2025

About this property

Reap the rewards of raising your family in this gated community in the heart of The Katy Independent School District! Quality built by Lennar Builders, this super clean home offers privacy (no rear neighbors) as well as a huge backyard. Two living areas give lots of options for the family and the large island kitchen is a chef's delight not only because of its size, but also because of the recently upgrades SS appliances and painted cabinetry. Let the outdoors in with big picture windows in the family & breakfast rooms as well as two windows in the oversized master suite. Executive master bath offers a walk-in shower, double sinks, vanity and a big whirlpool tub for unwinding. Add to that a large walk-in closet and you can say that this house has it all. Hurry because at this price, this one truly won't last long. See the virtual tour link for a closer look.

Investor Tools

Property Icon
$439,000
Estimated Property Value
$218,045Estimated Mortgage Balance
$220,955Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,634 /month
Positive
Cash Flow Estimate:
$878 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$758/month
$775/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,898
$421,931
2025
$45,045
$376,886
$421,931
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,898
$421,931

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Fha
$246,944
Yes
First
May 8, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,045
$204,955
48%
50%
$1,481/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,256/mo
+$1,084/mo
9.1%

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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24010 River Place Dr | Property Details | No Agent List