B+

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Owner Contacts

$396,053

NAL Estimated Property Value

24815 High Desert Ln, Katy, TX, 77494

Off Market

4 Beds

3 Bath

2,706 Sq Ft

Single Family Residence

$142.28 / sqft

Built in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size7,709 sqft

Building Information

Year Built2006

Stories2

Roof Type105

Garage Spaces2

Land Information

APN2965-05-007-0130-914

Lot Number13

SubdivisionFalcon Ranch Sec 5

Land UseResidential

Legal DescriptionFALCON RANCH SEC 5, BLOCK 7, LOT 13

Census Tract673107

Assessed Land Value$42,900

Assessed Improvement Value$370,323

Assessment Year2025

About this property

This beautifully maintained 2-story in Falcon Ranch offers, OCT/2025 WHOLE HOME PAINT, NO REAR NEIGHBORS, plus a bright layout near top-rated Katy schools. A grand entry welcomes you into an elegant formal dining framed by an archway, while the soaring living room ceilings hosts a cozy center fireplace. The large kitchen impresses w/ abundant cabinetry, island workspace & generous breakfast area overlooking the backyard. The Texas-size primary suite is downstairs, featuring dual vanities, soaking tub, separate shower & huge walk-in closet. Upstairs, enjoy a massive game room, airy open-to-below views & three oversized secondary bedrooms w/ walk-in closets. Outdoor living shines w/ an expansive covered patio featuring dual ceiling fans, tons of green space & an added storage shed. Residents enjoy a community pool, splashpad, playgrounds & picnic areas—all minutes to Grand Pkwy, LaCenterra & major shopping/dining. A true move-in-ready gem offering comfort, privacy & space!

Investor Tools

$396,053

Estimated Property Value

$302,436Estimated Mortgage Balance

$93,617Estimated Equity

23% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,376 /month

Positive

Cash Flow Estimate:

$792 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$778/month

$770/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,355

$396,053

2025

$42,900

$370,323

$413,223

Tax History

Year

Tax Paid

Assessed Value

2025

$7,355

$396,053

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Boomerang Acceptance Llc

Credit Line (Revolving) / Heloc

$306,004

First

Sep 10, 2025

Mar 2026

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$302,436

$93,617

23%

76%

$1,835/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$2,605/mo

+$735/mo

10.1%

Learn About the Market: Opportunity in Texas

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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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