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$297,000

NAL Estimated Property Value

24323 Palomino Sage Trl, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,773 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,489 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1415830020018
Lot Number18
Land UseResidential
Legal DescriptionLT 18 BLK 2 PORTER RANCH SEC 3
Census Tract542902
Assessed Land Value$53,015
Assessed Improvement Value$226,359
Assessment Year2025

About this property

NEW! Lennar Magnolia Collection "Madison" Plan with Brick Elevation "D" in Porter Ranch! The beautiful single story Madison floor plan by Lennar features a welcoming front porch, and a lovely entrance foyer which opens to a large family room. The island kitchen, located just off the family room, adjoins a charming dining room that offers access to the backyard. The master bedroom features an en suite master bathroom with a standing shower, private toilet enclosure, and a generous walk-in master closet. The Madison floor plan also features two secondary bedrooms and a full bathroom. Zoned to Katy ISD school, the best ISD in the great Houston area. Super convenient location is only minutes away Costco, Katy Mill outlet, and grocery store. Beautiful home is ready for you!

Investor Tools

Property Icon
$297,000
Estimated Property Value
$177,266Estimated Mortgage Balance
$119,734Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$464/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$279,374
2025
$53,015
$226,359
$279,374
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$279,374

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East West Bank
Conventional
$191,262
No
First
Jun 29, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,266
$120,734
40%
60%
$914/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$914/mo
+$1,316/mo
9.0%

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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24323 Palomino Sage Trl | Property Details | No Agent List