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$424,000

NAL Estimated Property Value

24915 Rosemallow Ridge Lane, Katy, TX, 77493

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,376 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.87 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High EquityMove-In Ready

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 Size6,386 sqft

Building Information

Year Built2024
Garage Spaces1

Land Information

APN1469720030004
Lot Number4
Land UseResidential Single Family
Legal DescriptionLT 4 BLK 3 ELYSON SEC 50
Census Tract543005
Assessed Land Value$85,644
Assessed Improvement Value$215,717
Assessment Year2025

About this property

NEW CONSTRUCTION - KATY ISD. Brookfield Residential's Grinnell floor plan features 2 stories, 4 bedrooms, and 3 baths. Downstairs, you'll find a spacious island kitchen open to an informal dining room and family room, two generously sized bedrooms, including a luxurious primary suite with a spacious walk-in closet that conveniently connects to the laundry room. The second bedroom located downstairs offers the flexibility to serve as a cozy study or guest room-you choose! This property is located minutes from the Grand Parkway and within walking distance of the subdivision's community green space and Elyson's latest amenity, Lakeside Landing, which features 2 swimming pools, large gathering and leisure areas, and an indoor fitness center. Stop by the Brookfield Residential model to learn more! *Photos are representative of the floor plan. Finishes and colors may differ in actual homes.

Investor Tools

Property Icon
$424,000
Estimated Property Value
$425,635Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,037
$301,361
2025
$85,644
$215,717
$301,361
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,037
$301,361

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$432,020
Yes
First
May 19, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$425,635
N/A
0%
100%
$2,317/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,317/mo
+$563/mo
8.2%

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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24915 Rosemallow Ridge Lane | Property Details | No Agent List