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$411,000

NAL Estimated Property Value

24823 Lobelia Garden Lane, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,421 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.74 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size5,001 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN1465000030009
Lot Number9
Land UseResidential
Legal DescriptionLT 9 BLK 3 ELYSON SEC 46
Census Tract542800
Assessed Land Value$72,000
Assessed Improvement Value$188,398
Assessment Year2025

About this property

New construction in Katy ISD. With 4 bedrooms and 3.5 baths, this Rutgers plan has a dramatic two-story great room awash in natural light from high windows. You'll find the primary bedrooms nd study downstairs plus 3 additional bedrooms upstairs. The primary bedroom features a spacious closet that connects to the utility room. Just minutes from the Grand Parkway. Elyson's latest amenity center, Lakeside Landing, features 2 pools, a splash pad, fitness center, community center and great lawn. Existing community amenities include a pool, fitness center, gameroom, event lawn, tennis courts, pickleball courts, parks and trails, and so much more!

Investor Tools

Property Icon
$411,000
Estimated Property Value
$351,011Estimated Mortgage Balance
$59,989Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$230/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$699
$260,398
2025
$72,000
$188,398
$260,398
No

Tax History

Year
Tax Paid
Assessed Value
2024
$699
$260,398

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$356,760
Yes
First
Jun 6, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,011
$59,989
14%
85%
$2,139/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,139/mo
+$741/mo
8.4%

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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24823 Lobelia Garden Lane | Property Details | No Agent List