Last 24 Hours
$559,990
24402 Kingelm Lake Drive, Katy, TX, 77493
On Market
5 Beds
4 Bath
4,073 Sq Ft
Single Family Residence
$137.49 / sqft
Built in 2024Property Lead Type:
High Equity
Highlights
Interior
Bedrooms 5
Bathrooms Full 3
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDisposal, Gas Oven, Oven, Microwave, Free-Standing Range, Dishwasher
FlooringCarpet, Tile
Exterior
Lot Size9,095 sqft
Building Information
Year Built2024
Garage Spaces2
Land Information
APN1453320010014
Lot Number14
Land UseResidential
Legal DescriptionLT 14 BLK 1 KATY LAKES SEC 5
Census Tract542902
Assessed Land Value$84,832
Assessed Improvement Value$460,253
Assessment Year2025
About this property
Welcome to the beautiful 24402 Kingelm Lake Dr, located in the beautiful Katy Lake. This property is situated on the lake, and it's zoned to Katy ISD. This spacious 5-bedroom, 3.5 baths with a game room and media room, plus a home office, offers perfect entertaining with the chef's kitchen offering a beautiful open floor plan. Enjoy your evening or mornings on the patio overlooking the lake.
Investor Tools
$508,186Estimated Mortgage Balance
$70,814Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,474 /month
Positive
Cash Flow Estimate:
$1,158 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
$950/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$953
$545,085
2025
$84,832
$460,253
$545,085
No
Tax History
Year
Tax Paid
Assessed Value
2024
$953
$545,085
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$522,939
No
First
Oct 18, 2024
Nov 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$508,186
$70,814
12%
88%
$3,136/mo
12.4%