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$1,373,000

NAL Estimated Property Value

24918 Misty Heath Ln, Katy, TX, 77494

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,994 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.19 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator, Microwave, Gas Cooktop, Double Oven, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size14,819 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces3

Land Information

APN2290-23-002-0010-914
Lot Number1
SubdivisionCinco Ranch West Sec 23
Land UseResidential
Legal DescriptionCINCO RANCH WEST SEC 23, BLOCK 2, LOT 1
Census Tract673113
Assessed Land Value$248,235
Assessed Improvement Value$1,017,341
Assessment Year2025

About this property

Amazing true custom home surrounded by mature trees. This wonderful floorplan offers tons of natural light, a tastefully updated modern kitchen w/ shaker style solid wood cabinetry, quartz countertops for easy maintenance & giant island, 2 story entry w/ dramatic staircase, huge formal dining w/ barrel vault ceiling, guest bedroom/bath on 1st floor, panoramic views & balcony off gamerm overlooking lush backyard w/ oversized pool, plenty of covered & uncovered patios for entertaining, MUD area, computer alcove for kids homework, butlers pantry w/ wet bar & dbl doors to outside, tons of built-ins & storage throughout, serene master ste w/ separate his/hers closets, formal library or living room w/ separate private room w/ built-in desk & cabinetry, generous 2ndary bdrms w/ walk-in closets, oversized lot backing to greenbelt for privacy, fresh interior paint, neutral décor & roof replaced July 2019. Super convenient & #1 rated KISD schools!

Investor Tools

Property Icon
$1,373,000
Estimated Property Value
$594,350Estimated Mortgage Balance
$778,650Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,238 /month
Positive
Cash Flow Estimate:
$2,746 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,210/month
$2,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,651
$1,265,576
2025
$248,235
$1,017,341
$1,265,576
No

Tax History

Year
Tax Paid
Assessed Value
2025
$19,651
$1,265,576

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$647,200
No
First
Jan 13, 2022
Feb 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$594,350
$790,650
57%
43%
$3,881/mo

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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24918 Misty Heath Ln | Property Details | No Agent List