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$548,550

NAL Estimated Property Value

24502 Condors Nest, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,447 Sq Ft
Year BuiltBuilt in 2023

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,001 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1257960010074
Lot Number74
SubdivisionFalcon Rock
Land UseResidential
Legal DescriptionLT 74 BLK 1 FALCON ROCK SEC 1
Census Tract455300
Assessed Land Value$83,200
Assessed Improvement Value$465,350
Assessment Year2025

About this property

LOCATION, LOCATION, LOCATION!! Perfect location to build your Home. Lot located in Falcon Point Subdivision. Residential only Lot. Bring your buyers!!!

Investor Tools

Property Icon
$548,550
Estimated Property Value
$369,942Estimated Mortgage Balance
$178,608Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,291 /month
Positive
Cash Flow Estimate:
$1,097 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$989/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,127
$548,550
2025
$83,200
$465,350
$548,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,127
$548,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Luxury Mortgage Corp
Unknown
$382,500
No
First
Jul 10, 2024
Dec 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$369,942
$178,608
32%
67%
$2,294/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,544/mo
+$796/mo
7.3%

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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24502 Condors Nest | Property Details | No Agent List