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$369,000

NAL Estimated Property Value

24034 Adobe Ridge Ln, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,887 Sq Ft
price_per_sqft$124.7 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop
FlooringCarpet, Laminate, Tile

Exterior

Lot Size5,750 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1359910010036
Lot Number36
Land UseResidential
Legal DescriptionLT 36 BLK 1 KATY OAKS SEC 3
Census Tract542902
Assessed Land Value$71,070
Assessed Improvement Value$282,205
Assessment Year2025

About this property

Welcome to 24034 Adobe Ridge Ln in Katy Oaks, zoned to Katy ISD. This stunning home offers 4 bedrooms and 3 full baths, designed with an open concept floor plan, ideal for entertaining. The kitchen is a chef's delight with stainless steel appliances, granite countertops and a spacious island. The sunroom features tile flooring and large windows that fill the space with natural light. End your days in the spacious master suite. Upstairs, the game room provides ample space for family enjoyment. Don't miss out on this beautiful home!

Investor Tools

Property Icon
$369,000
Estimated Property Value
$298,264Estimated Mortgage Balance
$70,736Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$584/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$353,275
2025
$71,070
$282,205
$353,275
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$353,275

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$150,000
No
First
Jan 15, 2026
Feb 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,264
$72,736
19%
81%
$1,800/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,450/mo
+$430/mo
9.4%

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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24034 Adobe Ridge Ln | Property Details | No Agent List