$357,000
NAL Estimated Property Value24231 Prairie Glen Ln, Katy, TX, 77493
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size5,863 sqft
Building Information
Year Built2018
Garage Spaces2
Land Information
APN1393100030006
Lot Number6
Land UseResidential
Legal DescriptionLT 6 BLK 3 KATY POINTE SEC 1
Census Tract542902
Assessed Land Value$65,104
Assessed Improvement Value$272,601
Assessment Year2025
About this property
Great location. Located in Katy ISD. Easy access to Hwy 99, Interstate 10, West Park Toll Rd and Hwy 290. Few minutes away to Walmart, Amazon Distribution Center, Kroger, HEB, Costco, Katy Asian Town, Katy Texas Typhoon, Katy Mills and various restaurants. Walking distance to the community swimming pool. House features 4 bedrooms, 2.5 baths, 2 car garage, office/flex room, gameroom, family room, 2 car garage, stainless steel appliances, covered patio and a good size lot.
Investor Tools
$357,000
Estimated Property Value
$217,038Estimated Mortgage Balance
$139,962Estimated Equity
39% 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
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$456/month
$900/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,683
$337,705
2025
$65,104
$272,601
$337,705
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,683
$337,705
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$252,195
No
First
May 24, 2019
Jun 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,038
$138,962
39%
61%
$1,513/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,413/mo
+$467/mo
9.7%
