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$675,000

24403 Falcon Point Dr, Katy, TX, 77494

PendingInfo
Beds5 Beds
Baths4 Bath
Baths3,904 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.9 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size9,479 sqft

Building Information

Year Built1999
Garage Spaces3

Land Information

APN1159230030108
Lot Number108
SubdivisionFalcon Point
Land UseResidential
Legal DescriptionLT 108 BLK 3 (HC* L 25% & I 0%) FALCON POINT SEC 1
Census Tract455300
Assessed Land Value$132,720
Assessed Improvement Value$554,586
Assessment Year2025

About this property

Live the golf-course dream at 24403 Falcon Point Drive. Perfectly positioned on the first tee of The Club at Falcon Point, this 5-bedroom, 3.5-bath home delivers resort-style living every day. Enjoy an upstairs game room, sparkling pool with waterfall, grotto and spa, and a backyard made for sunset gatherings. Inside, expansive windows flood the home with light and showcase lush fairway views. With direct access to the course and clubhouse, leisure and luxury are always just steps away. MOTIVATED SELLER!

Investor Tools

Property Icon
$690,645
Estimated Property Value
$572,000Estimated Mortgage Balance
$134,782Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,144 /month
Positive
Cash Flow Estimate:
$1,381 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
$840/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$272
$687,306
2025
$132,720
$554,586
$687,306
No

Tax History

Year
Tax Paid
Assessed Value
2024
$272
$687,306

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Abn Amro Mtg Group Inc
Unknown
$231,600
No
First
N/A
Dec 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$687,306
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$840/mo
+$2,500/mo
5.8%

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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24403 Falcon Point Dr | Property Details | No Agent List