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$310,429

NAL Estimated Property Value

24214 Palomino Sage Trl, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,927 Sq Ft
price_per_sqft$1.19 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Refrigerator, Dishwasher, Oven
FlooringVinyl

Exterior

Lot Size5,489 sqft

Building Information

Year Built2020
Garage Spaces1

Land Information

APN1405620020021
Lot Number21
Land UseResidential Single Family
Legal DescriptionLT 21 BLK 2 PORTER RANCH SEC 1
Census Tract542902
Assessed Land Value$53,015
Assessed Improvement Value$257,414
Assessment Year2025

About this property

This 4-sided brick Lennar home features a covered patio with a peaceful lake view. An energy-efficient SMART home with built-in WiFi, smart locks, a Ring doorbell, and low-E windows to help lower utility costs. SMART WiFi washer and dryer included. The primary suite has a bay window, 2 walk-in closets, double sinks, a separate shower, and a garden tub. There is an open kitchen with granite countertops, stainless steel appliances, and a 5-burner gas stove. Secondary bedrooms feature ceiling fans and a shared full bathroom. French doors open to a bright study or bonus room and beautiful no carpet flooring. Landlord takes care of the landscape with a fully sprinkler-system yard. The home has a water softener system & a reverse osmosis system for drinking water. Conveniently located near Grand Parkway 99, I-10, shopping, dining, and more, and zoned to the highly rated Katy ISD. Room sizes are approximate. Schedule your tour TODAY and experience this home's comfort, convenience, and charm!

Investor Tools

Property Icon
$310,429
Estimated Property Value
$163,956Estimated Mortgage Balance
$146,473Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,863 /month
Positive
Cash Flow Estimate:
$621 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$576/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,362
$310,429
2025
$53,015
$257,414
$310,429
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,362
$310,429

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eagle Home Mortgage Llc
Conventional
$186,072
No
First
Apr 27, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,956
$146,473
47%
53%
$1,116/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,116/mo
+$1,114/mo
8.6%

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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24214 Palomino Sage Trl | Property Details | No Agent List