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$319,900

NAL Estimated Property Value

24646 Folkstone Cir, Katy, TX, 77494

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,567 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$213.78 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerMove-In Ready

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 Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate, Tile

Exterior

Exterior FeaturesPlayground
Lot Size3,220 sqft

Building Information

Year Built2011
Stories2
Roof Type105
Garage Spaces1

Land Information

APN2278-38-001-0230-914
Lot Number23
SubdivisionCinco Ranch Southwest Sec 38
Land UseResidential
Legal DescriptionCINCO RANCH SOUTHWEST SEC 38, BLOCK 1, LOT 23
Census Tract673109
Assessed Land Value$39,000
Assessed Improvement Value$280,900
Assessment Year2025

About this property

Welcome to 24646 Folkstone Circle, an exceptional 3 bedroom, 2.5 bath townhome designed by Lennar Homes. Ideal location in the heart of the master-planned community of Cinco Ranch. Residents enjoy top-rated schools, upscale shopping, dining, top tier amenities, including Beach Club, Water Park, Lake House, multiple pools, tennis courts. Miles and miles of bike/walking trails, lakes, playgrounds and a sports field outside the front door. Walking distance to exemplary Katy ISD schools. Open concept 1st floor living area is flooded with natural light with multiple windows. All three generously sized bedrooms conveniently located upstairs alongside a flex space that makes a perfect study/office nook. Fully fenced and landscaped backyard/patio creates a private escape where you can entertain, relax and play! Washer, dryer, refrigerator included. NEW items include water heater, quartz countertops, flooring, ceiling fans, HVAC, fixtures, lighting, landscaping. Please verify all measurements.

Investor Tools

Property Icon
$319,900
Estimated Property Value
$256,584Estimated Mortgage Balance
$63,316Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$509/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,514
$319,900
2025
$39,000
$280,900
$319,900
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,514
$319,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$260,000
No
First
Aug 11, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,584
$63,316
19%
80%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,559/mo
+$1,021/mo
9.7%

City: Katy

24646 Folkstone Cir | Property Details | No Agent List