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$307,708

24626 Folkstone Cir, Katy, TX, 77494

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,451 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$222.61 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Dishwasher
FlooringTile, Wood

Exterior

Lot Size4,176 sqft

Building Information

Year Built2011
Stories2
Roof Type105
Garage Spaces1

Land Information

APN2278-38-001-0280-914
Lot Number28
SubdivisionCinco Ranch Southwest Sec 38
Land UseResidential
Legal DescriptionCINCO RANCH SOUTHWEST SEC 38, BLOCK 1, LOT 28
Census Tract673109
Assessed Land Value$42,900
Assessed Improvement Value$264,808
Assessment Year2025

About this property

Welcome to 24626 Folkstone Circle—an exquisitely remodeled residence offering over a refined living space in the heart of Katy’s coveted Seven Meadows community, zoned to top-rated Seven Lakes High School and Seven Lakes Junior High. Perfectly positioned on a quiet cul-de-sac, this newly remodeled 3 bedroom town-home is sure to turn heads. This beautiful home boast new flooring, custom cabinetry, and gorgeous granite countertops. A stunning gourmet kitchen features an oversized island and sleek granite surfaces—ideal for culinary creations and entertaining alike. Unwind in the lavish primary suite featuring a spa-inspired ensuite bath and a spacious walk-in closet. Outside, enjoy a tranquil backyard retreat with room to create the outdoor space of your dreams—perfect for gatherings or quiet evenings under the stars. With its upgrades, sought-after school zoning, and exceptional location near premier dining, shopping, and recreation, this is more than a home—it’s a lifestyle.

Investor Tools

Property Icon
$307,708
Estimated Property Value
$221,887Estimated Mortgage Balance
$89,066Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,938 /month
Positive
Cash Flow Estimate:
$646 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,033
$307,708
2025
$42,900
$264,808
$307,708
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,033
$307,708

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$221,887
No
First
Jul 10, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,642
$89,066
28%
71%
$1,331/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,431/mo
+$149/mo
10.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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24626 Folkstone Cir | Property Details | No Agent List