Seller's Agent in 2025
Charlie Russo
RE/MAX Signature
(713) 851-4871
18 in this area
203 Total Sales
Last list price
24915 Falling Water Estates Ln Katy, TX 77494
Southwest Cinco Ranch Neighborhood
5
Beds
6
Baths
5,254
Sq Ft
0.71
Acres
Highlights
- Tennis Courts
- Heated In Ground Pool
- Clubhouse
- Michael L. Griffin Elementary School Rated A+
- 0.71 Acre Lot
- Deck
About This Home
As of January 2025Nestled in the gated community Bayou Woods. The exquisite custom home by Jim Frankel offers a blend of luxury, privacy, & timeless design. Set on almost 3/4 of an acre, you are surrounded by mature trees providing a private retreat & delivering a feeling of serenity. Upon entry you are welcomed by the elegance & warmth of the home’s design w/soaring ceilings, gleaming White Oak hardwood floors all leading to the living room featuring floor-to-ceiling stone fireplace w/built in shelves. The Kitchen is equipped w/top-of-the-line Thermador appliances, private butler panty w/room for additional fridge & storage. Spacious primary suite w/a spa-like bath. Additional features: 4 generous bedrooms each w/own full bath, full 1st floor study, 2 half baths (one up/down), game room, theater, home gym, technology room, pool/spa, outdoor kitchen, pickle ball court, whole home water softener system & 3-car garage. This is more than just a home; it's a lifestyle. Additional information attached.
Last Agent to Sell the Property
RE/MAX Signature Brokerage Phone: 713-851-4871 License #0605116 Listed on: 12/10/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,247
Year Built
- Built in 2004
Lot Details
- 0.71 Acre Lot
- Adjacent to Greenbelt
- Cul-De-Sac
- Northeast Facing Home
- Back Yard Fenced
- Sprinkler System
- Wooded Lot
HOA Fees
- $183 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
- Wood Siding
- Cement Siding
- Stone Siding
- Radiant Barrier
- Stucco
Interior Spaces
- 5,254 Sq Ft Home
- 1.5-Story Property
- Wired For Sound
- Crown Molding
- High Ceiling
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Free Standing Fireplace
- Gas Log Fireplace
- Window Treatments
- Insulated Doors
- Formal Entry
- Family Room Off Kitchen
- Living Room
- Breakfast Room
- Dining Room
- Home Office
- Game Room
- Utility Room
- Washer and Electric Dryer Hookup
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Butlers Pantry
- Double Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
- Travertine
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- Double Vanity
- Single Vanity
- Soaking Tub
- Hollywood Bathroom
- Separate Shower
Home Security
- Security System Owned
- Security Gate
- Fire and Smoke Detector
Eco-Friendly Details
- ENERGY STAR Qualified Appliances
- Energy-Efficient Windows with Low Emissivity
- Energy-Efficient HVAC
- Energy-Efficient Lighting
- Energy-Efficient Doors
- Energy-Efficient Thermostat
Pool
- Heated In Ground Pool
- Gunite Pool
- Spa
Outdoor Features
- Pond
- Tennis Courts
- Deck
- Covered Patio or Porch
- Outdoor Kitchen
Schools
- Griffin Elementary School
- Beckendorff Junior High School
- Seven Lakes High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Programmable Thermostat
- Water Softener is Owned
Listing and Financial Details
- Exclusions: DR Light Fixture,1st Flr Bath Mirror,if not remove
Community Details
Overview
- Cinco Ranch 1 HOA, Phone Number (281) 599-0408
- Built by Jim Frankel
- Cinco Ranch West Sec 22 Subdivision
- Greenbelt
Recreation
- Community Playground
- Community Pool
- Trails
Additional Features
- Clubhouse
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 10, 2024
Closed on
Jan 31, 2025
Sold by
Beathard Robert K and Beathard Angela R
Bought by
Shipman Cecil B and Shipman Rebekah A
Seller's Agent
Charlie Russo
RE/MAX Signature
Buyer's Agent
Travis Nichols
Keller Williams Memorial
List Price
$1,749,000
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.83%
Original Mortgage
$866,800
Outstanding Balance
$861,589
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$727,105
Purchase Details
Listed on
Dec 10, 2024
Closed on
Jan 8, 2025
Sold by
Rkb3 Real Estate Investments Corp
Bought by
Beathard Robert K and Beathard Angela R
Seller's Agent
Charlie Russo
RE/MAX Signature
Buyer's Agent
Travis Nichols
Keller Williams Memorial
List Price
$1,749,000
Views
54
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$866,800
Outstanding Balance
$861,589
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$727,105
Purchase Details
Closed on
Sep 26, 2024
Sold by
Beathard Robert K and Beathard Angela R
Bought by
Rkb3 Real Estate Investments Corp
Purchase Details
Listed on
Mar 12, 2020
Closed on
Apr 24, 2020
Sold by
Wright George and Wright Roslyn
Bought by
Beathard Robert K and Beathard Angela R
Seller's Agent
Christina Wells
CB&A, Realtors-Katy
Buyer's Agent
Charlie Russo
RE/MAX Signature
List Price
$967,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Purchase Details
Closed on
Aug 22, 2005
Sold by
Wright George and Wright Roslyn
Bought by
Wright George and Wright Roslyn
Purchase Details
Closed on
Jul 14, 2004
Sold by
Westbrook Cinco West Lp
Bought by
Frankel Construction Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,400
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Monarch Title | |
| Warranty Deed | -- | Monarch Title | |
| Special Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Monarch Title Of Texas | |
| Deed | -- | -- | |
| Special Warranty Deed | -- | Commonwealth Land Title | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $866,800 | New Conventional | |
| Previous Owner | $526,400 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/05/2025 05/05/25 | Off Market | -- | -- | -- | |
| 01/31/2025 01/31/25 | Sold | -- | -- | -- | |
| 12/30/2024 12/30/24 | Pending | -- | -- | -- | |
| 12/10/2024 12/10/24 | For Sale | $1,749,000 | +80.9% | $333 / Sq Ft | |
| 04/24/2020 04/24/20 | Sold | -- | -- | -- | View Prior Sale |
| 03/25/2020 03/25/20 | Pending | -- | -- | -- | |
| 03/12/2020 03/12/20 | For Sale | $967,000 | -- | $231 / Sq Ft |
Source: Houston Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $25,696 | $1,543,999 | $365,820 | $1,178,179 |
| 2024 | $25,696 | $1,318,307 | $19,836 | $1,298,471 |
| 2023 | $23,856 | $1,198,461 | $0 | $1,307,777 |
| 2022 | $24,789 | $1,089,510 | $0 | $1,164,420 |
| 2021 | $25,068 | $990,460 | $201,000 | $789,460 |
| 2020 | $26,694 | $1,037,870 | $249,380 | $788,490 |
| 2019 | $26,693 | $991,040 | $249,380 | $741,660 |
| 2018 | $28,550 | $1,057,950 | $249,380 | $808,570 |
| 2017 | $29,136 | $1,073,710 | $219,450 | $854,260 |
| 2016 | $27,888 | $1,027,700 | $219,450 | $808,250 |
| 2015 | $20,007 | $939,970 | $219,450 | $720,520 |
| 2014 | $20,222 | $933,480 | $219,450 | $714,030 |
Source: Public Records
Agents Affiliated with this Home
-
Charlie Russo
-
Travis Nichols
Buyer's Agent in 2025
Travis Nichols
Keller Williams Memorial
(713) 461-9393
2 in this area
131 Total Sales
-
Christina Wells
C
Seller's Agent in 2020
Christina Wells
CB&A, Realtors-Katy
(281) 451-3261
4 in this area
62 Total Sales
-
Tricia Turner
Seller Co-Listing Agent in 2020
Tricia Turner
Realty Of America, LLC
(832) 563-0916
18 in this area
299 Total Sales
Map
Source: Houston Association of REALTORS®
MLS Number: 43282223
APN: 2290-22-001-0270-914
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025, Houston REALTORS® Information Service, Inc.
The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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