Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
B+
NoAgentList RatingHow are grades calculated? Info

$450,000

24515 Swallows Cove Ln, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,716 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.89 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,976 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2965-07-003-0050-914
Lot Number5
SubdivisionFalcon Ranch Sec 7
Land UseResidential
Legal DescriptionFALCON RANCH SEC 7, BLOCK 3, LOT 5
Census Tract673107
Assessed Land Value$47,775
Assessed Improvement Value$396,766
Assessment Year2025

About this property

Welcome to 24515 Swallows Cove. This open & spacious residence sits on an oversized lot, features a three-car garage & boasts a wealth of desirable features. Inside, the home is filled w/ natural light, showcasing vaulted ceilings & 2-inch wood blinds throughout. The upgraded designer tile throughout the first floor add to the home's elegance. A custom kitchen island w/ a natural stone backsplash serves as the centerpiece of the kitchen. The spacious primary suite features a tray ceiling & en suite bathroom w/ frameless shower & separate soaking tub. The second floor offers a loft/study w/ hard wood floors leading to an oversized game room that is perfect for family gatherings. Additionally, there are three secondary bedrooms & two more full bathrooms. Outside is the expansive covered stone & brick patio, landscaped grounds, sprinkler system French drains, and a 10' x 8.5' storage shed which provide an ideal space for outdoor entertaining. Recent Roof and Fence!

Investor Tools

Property Icon
$450,000
Estimated Property Value
$417,000Estimated Mortgage Balance
$34,808Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$639/month
$766/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,412
$416,177
2025
$47,775
$396,766
$444,541
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,412
$416,177

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wright-Patt Credit Union Inc
Conventional
$417,000
No
First
Feb 23, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$415,192
$42,808
9%
92%
$2,501/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,267/mo
+$73/mo
8.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...