$687,000
NAL Estimated Property Value24530 Switchgrass Valley Way, Katy, TX, 77493
$795,667 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile
Exterior
Lot Size11,731 sqft
Building Information
Year Built2023
Garage Spaces3
Land Information
APN1450180010016
Lot Number16
Land UseResidential
Legal DescriptionLT 16 BLK 1 ELYSON SEC 37
Census Tract543005
Assessed Land Value$131,175
Assessed Improvement Value$555,199
Assessment Year2025
About this property
MLS# 66265131 - Built by Highland Homes - Ready Now! ~ Looking for room for everyone? This spacious home has it all. The open concept is perfect for entertaining. The kitchen, which overlooks the family room, features stainless steel built-in appliances and has soft close drawers. There is an entertainment room downstairs and an additional entertainment room upstairs next to the game room.
Investor Tools
$687,000
Estimated Property Value
$679,848Estimated Mortgage Balance
$7,152Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$795,666
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,150 /month
Positive
Cash Flow Estimate:
$1,383 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,121/month
$1,344/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,016
$686,374
2025
$131,175
$555,199
$686,374
No
Tax History
Year
Tax Paid
Assessed Value
2024
$10,016
$686,374
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highland Homeloans Llc
Va
$714,553
Yes
First
Sep 18, 2023
Oct 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$679,848
$6,526
0%
99%
$4,285/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$5,629/mo
$-2,749/mo
5.0%
