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$339,500

24138 Valencia Ridge Ln, Katy, TX, 77494

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,594 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$130.88 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Lot Size3,812 sqft

Building Information

Year Built2015
Garage Spaces1

Land Information

APN1343510030020
Lot Number20
SubdivisionTowns At Seville R/P
Land UseResidential
Legal DescriptionLT 20 BLK 3 TOWNS AT SEVILLE R/P
Census Tract455300
Assessed Land Value$61,008
Assessed Improvement Value$336,657
Assessment Year2025

About this property

Imagine mornings on the spacious front porch, evenings on the covered back patio & room for guests. This townhome offers a flexible layout for comfortable living. Inside, neutral tile flooring, crown molding and warm finishes create an inviting atmosphere. The kitchen is ready for quick breakfasts or holiday gatherings, with granite countertops, stone backsplash, antiqued cabinets, under-cabinet lighting, a gas cooktop & large island with breakfast bar seating. The first-floor primary suite offers engineered hardwood flooring & a recessed accent wall with overhead lighting. The ensuite bath features dual sinks, granite countertops & dark cabinetry. A second bedroom & flex room downstairs offer space for guests, an office, hobbies or a workout room. Upstairs, a roomy loft and private guest suite with full bath add even more flexibility. Zoned to highly rated Katy ISD schools: Rylander Elementary, Woodcreek JH & Katy HS. Low tax rate! You'll want to see this one in person!

Investor Tools

$0Estimated Mortgage Balance
$397,665Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,386 /month
Positive
Cash Flow Estimate:
$795 /month

Interested in this property?

Sarah Hoffman

FYI Realty - Katy

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,932
$397,665
2025
$61,008
$336,657
$397,665
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,932
$397,665

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$397,665
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$575/mo
+$2,005/mo
7.8%

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.

Explore Texas Explore This Area
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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24138 Valencia Ridge Ln | Property Details | No Agent List