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$518,546

NAL Estimated Property Value

24623 Garnet Stone Ln, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,102 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.98 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size6,600 sqft

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2278-12-003-0040-914
Lot Number4
SubdivisionCinco Ranch Southwest Sec 12
Land UseResidential
Legal DescriptionCINCO RANCH SOUTHWEST SEC 12, BLOCK 3, LOT 4
Census Tract673109
Assessed Land Value$75,400
Assessed Improvement Value$443,146
Assessment Year2025

About this property

Welcome to this move-in ready 4-bedroom, 3.5-bath home on a spacious lot in Cinco Ranch. Inside, you'll find soaring ceilings, neutral tones, and newly installed hard surface floors throughout. Natural light fills every room, creating a bright and inviting atmosphere. A private home office, tucked behind French doors, offers a quiet space for work or study. The open kitchen features a center island, granite countertops, a herringbone backsplash, stainless steel appliances, ample cabinetry, and a pantry. The sunny breakfast nook, with views of the backyard, is perfect for casual meals. The family room boasts a fireplace, soaring ceilings, and large windows overlooking the backyard. The first-floor primary suite includes high ceilings, bay windows, and a private bathroom. Upstairs, you'll find a large game room, three secondary bedrooms, and two full bathrooms. The backyard offers a spacious patio and a fully fenced yard, ideal for outdoor dining, play, and safety for pets or kids.

Investor Tools

Property Icon
$518,546
Estimated Property Value
$416,534Estimated Mortgage Balance
$102,012Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,294 /month
Positive
Cash Flow Estimate:
$1,098 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$756/month
$1,250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,480
$518,546
2025
$75,400
$443,146
$518,546
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,480
$518,546

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top One Mortgage
Conventional
$424,000
No
First
May 16, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,534
$108,466
20%
80%
$2,543/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,793/mo
$-453/mo
7.7%

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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24623 Garnet Stone Ln | Property Details | No Agent List