Last 24 Hours
$515,000
24502 Springwood Glen Ln, Katy, TX, 77494
On Market
Just Added
4 Beds
2 Bath
2,620 Sq Ft
Single Family Residence
$196.56 / sqft
Built in 2009Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 4
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Engineered Wood
Exterior
Lot Size12,037 sqft
Building Information
Year Built2009
Stories2
Roof Type105
Garage Spaces2
Land Information
APN2278-23-001-0280-914
Lot Number28
SubdivisionCinco Ranch Southwest Sec 23
Land UseResidential
Legal DescriptionCINCO RANCH SOUTHWEST SEC 23, BLOCK 1, LOT 28
Census Tract673109
Assessed Land Value$93,308
Assessed Improvement Value$367,592
Assessment Year2026
Investor Tools
$149,879Estimated Mortgage Balance
$311,021Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$851/month
$850/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,909
$460,900
2026
$93,308
$367,592
$460,900
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,909
$460,900
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$168,700
No
First
Jan 4, 2021
Feb 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,879
$311,021
67%
33%
$1,012/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,760/mo
$1,862/mo
+$1,898/mo
9.8%
12.4%