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$2,850

24623 Ballad Dr, Katy, TX, 77493

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,846 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.54 / sqft
Year BuiltBuilt in 2015

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, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Lot Size6,599 sqft

Building Information

Year Built2015
Garage Spaces2

Land Information

APN1363450010030
Lot Number30
Land UseResidential
Legal DescriptionLT 30 BLK 1 KING CROSSING SEC 2
Census Tract542902
Assessed Land Value$57,825
Assessed Improvement Value$245,652
Assessment Year2025

About this property

GORGEOUS one-story in Kings Crossing! Welcome home to an immaculate Beazer 3/2 with an ideal modern layout. Enjoy the home office/flex room protected by French doors. The spacious kitchen is well appointed and anchored by an oversized island - perfect for entertaining and daily life. Flow effortlessly into the dining space and family room filled with natural light; enjoy the bright and welcoming atmosphere throughout. The primary suite is secluded by the split flooplan and is designed for your comfort. Upgrades include high ceilings, crown molding, covered rear patio, and pre-wired for generator back up. Warm-roof technology and 2022 AC help to maximize energy efficiency. Kings Crossing is loaded with amenities including resort-style pool, splash park, dog park, lakes, and plenty of trails. Easy access to commuter routes, numerous shopping attractions and Katy ISD schools.

Investor Tools

$270,169Estimated Mortgage Balance
$34,293Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,824 /month
Positive
Cash Flow Estimate:
$608 /month

Interested in this property?

Jason Hooley

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$492/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,388
$303,477
2025
$57,825
$245,652
$303,477
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,388
$303,477

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$285,408
Yes
First
Aug 16, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,169
$39,831
12%
89%
$1,712/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,662/mo
$-432/mo
8.8%

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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24623 Ballad Dr | Property Details | No Agent List