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B+
NoAgentList RatingHow are grades calculated? Info

$407,000

24539 Springwood Glen Ln, Katy, TX, 77494

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,945 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size5,750 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2278-23-004-0180-914
Lot Number18
SubdivisionCinco Ranch Southwest Sec 23
Land UseResidential
Legal DescriptionCINCO RANCH SOUTHWEST SEC 23, BLOCK 4, LOT 18
Census Tract673109
Assessed Land Value$64,350
Assessed Improvement Value$310,172
Assessment Year2025

About this property

Welcome home to this meticulously maintained Lennar home that barely has been lived in. This all brick energy efficient home has a flowing open floor plan with abundant natural light. Gorgeous gleaming wood floors take you throughout most of the home w/tile in the wet areas, wood floors in the primary bedroom and carpet in the the secondary bedrooms. The kitchen is spacious w/granite counters and maple 42" cabinets and a brand new refrigerator. A delightful covered patio will be a great place to relax and unwind. The formal dining room could be used as a flex space...easily an office or playroom or sitting room. Location, location, location... Located in the most sought after master planned community in Houston. Cinco Ranch has the most varied amenities for families or single individuals...multiple golf courses, pools, splash pads, lakes, grocery stores, restaurants and shopping galore. This one is a GEM!!

Investor Tools

Property Icon
$407,000
Estimated Property Value
$0Estimated Mortgage Balance
$407,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,442 /month
Positive
Cash Flow Estimate:
$814 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$680/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,126
$374,522
2025
$64,350
$310,172
$374,522
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,126
$374,522

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$413,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
N/A
+$3,340/mo
9.8%

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.

Explore Texas Explore This Area
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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24539 Springwood Glen Ln | Property Details | No Agent List