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$374,340

NAL Estimated Property Value

24311 Forest Canopy Drive, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,557 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.61 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,434 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN1370040010013
Lot Number13
Land UseResidential
Legal DescriptionLT 13 BLK 1 LAKECREST FOREST SEC 6
Census Tract542902
Assessed Land Value$66,864
Assessed Improvement Value$307,476
Assessment Year2025

About this property

Beautiful home sitting in Katy ISD waiting for it's new owner! Walk in to be greeted w/ an open floorplan, tile floorings, high ceilings & more! The large living area boasts beautiful floor to ceiling windows allowing an abundance of natural lighting throughout. Flowing right into the kitchen is granite countertops, stainless steel appliances & a breakfast area leading out to your covered patio! Retreat to the master suite where you'll find double sinks, a soaking tub, separate shower & walk-in closet. Upstairs is a loft/gameroom, along w/ 3 more bedrooms and a full bath. Call today to schedule your personal tour!

Investor Tools

Property Icon
$374,340
Estimated Property Value
$147,878Estimated Mortgage Balance
$226,462Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$679/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,277
$374,340
2025
$66,864
$307,476
$374,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,277
$374,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Anglia Financial Llc
Conventional
$170,090
No
First
Jun 30, 2017
Jul 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,878
$226,462
60%
40%
$1,086/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$1,661/mo
+$1,219/mo
9.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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24311 Forest Canopy Drive | Property Details | No Agent List