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$392,000

NAL Estimated Property Value

24815 Harrow Meadow Drive, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,310 Sq Ft
price_per_sqft$166.66 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size4,988 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN1465000040006
Lot Number6
Land UseResidential
Legal DescriptionLT 6 BLK 4 ELYSON SEC 46
Census Tract542902
Assessed Land Value$71,842
Assessed Improvement Value$90,411
Assessment Year2025

About this property

Brookfield Residential's Emerson floor plan. With 4 bedrooms and 2.5 baths, the Emerson features a study and upstairs loft area. The primary bedroom features a spacious closet that connects to the utility room, keeping laundry efficient. A mud room area just off the range gives the families a convenient place to drop belongings at the foot of the stairs. Just minutes from the Grand Parkway, Elyson is located in the Heart of Katy! Elyson's new large amenity center, Lakeside Landing, features 2 pools, a splash pad, fitness center, community center, and a great lawn. Existing community amenities include a pool, fitness center, game room, event lawn, tennis courts, pickleball courts, parks and trails, and so much more. Stop by the Brookfield Residential model to learn more *Photos are representative of the floor plan. Finishes and colors may differ in actual home.

Investor Tools

Property Icon
$392,000
Estimated Property Value
$389,531Estimated Mortgage Balance
$2,469Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,352 /month
Positive
Cash Flow Estimate:
$784 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$699
$162,253
2025
$71,842
$90,411
$162,253
No

Tax History

Year
Tax Paid
Assessed Value
2024
$699
$162,253

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$394,718
Yes
First
Aug 18, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$389,531
$2,469
0%
99%
$2,367/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,367/mo
+$513/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.

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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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