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$2,550

24514 Springwood Glen Ln, Katy, TX, 77494

PendingInfo
Beds4 Beds
Baths2 Bath
Baths2,160 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.18 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size6,250 sqft

Building Information

Year Built2009
Stories1
Roof Type105
Garage Spaces1

Land Information

APN2278-23-001-0250-914
Lot Number25
SubdivisionCinco Ranch Southwest Sec 23
Land UseResidential
Legal DescriptionCINCO RANCH SOUTHWEST SEC 23, BLOCK 1, LOT 25
Census Tract673109
Assessed Land Value$64,350
Assessed Improvement Value$345,460
Assessment Year2025

About this property

This well-maintained 4-bedroom, 2 bath home features a study and a very open floorpan with laminate wood floors, a water softener and an updated shower in the secondary bath. The nicely landscaped yard and spacious living areas make it ideal for everyday living and entertaining. The kitchen offers generous space and comes equipped with stainless steel appliances plus washer, dryer and refrigerator. Conveniently located near Seven Lakes JH and HS so the kids can ride their bikes or walk. It also has Cinco Ranch amenities for the whole family to enjoy, many shopping and nearby dinning destinations. CALL TO VIEW IT TODAY!

Investor Tools

$215,718Estimated Mortgage Balance
$204,702Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$734/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,703
$409,810
2025
$64,350
$345,460
$409,810
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,703
$409,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$238,500
No
First
Jun 25, 2021
Jul 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,718
$204,282
48%
51%
$1,430/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,430/mo
+$1,910/mo
9.5%

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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24514 Springwood Glen Ln | Property Details | No Agent List