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$320,218

NAL Estimated Property Value

24534 Blane Dr, Katy, TX, 77493

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,190 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.68 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,484 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1257950030013
Lot Number13
SubdivisionLakecrest
Land UseResidential
Legal DescriptionLT 13 BLK 3 LAKECREST SEC 7
Census Tract542600
Assessed Land Value$53,573
Assessed Improvement Value$266,645
Assessment Year2025

About this property

Welcome to your fresh start in Lakerest Katy, Tx! This 3-4 bedroom, 2-bath gem (plus a bonus study for “working” from home) has been fully painted top to bottom—no weird colors here! The recent roof (1 year young), A/C (3 years young), fence (1 year young) and shed in the back is basically priceless in this Texas heat. Enjoy a functional layout, light, bright and airy spaces, with an oversized living room, open kitchen layout with expansive island (gas connection available if preferred) and a large coblestone patio offering an amazing space for bbqs and get togethers! Located in sought after Katy ISD with solid schools, good food, and neighbors who probably won't steal your Amazon packages. Ready to move in and way better than scrolling Zillow for the 100th time. Come see it before it’s someone else’s “we should’ve bought that one.” Ammenities include neighborhood lake just 4 houses down with walking paths, swimming pool, parks, splash pad and a pavillion.

Investor Tools

Property Icon
$320,218
Estimated Property Value
$313,022Estimated Mortgage Balance
$7,196Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$650/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,204
$320,218
2025
$53,573
$266,645
$320,218
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,204
$320,218

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$317,190
No
First
Aug 1, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$313,022
$7,196
2%
98%
$1,902/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,477/mo
+$403/mo
10.8%

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.

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

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24534 Blane Dr | Property Details | No Agent List