$305,000 Last Listed Price
●
House -
Off Market
1022 Valley Ranch Drive
Katy, TX 77450
3 Beds
2 Baths
1,940 Ft²
$1,939
Est. Monthly
$42
HOA / Fees
About This Property
This charming one-story 3 bedroom, 2 bath boasts a myriad of
updates & modern conveniences. Located in the highly coveted
neighborhood of Cimarron, the heart of the home, the kitchen, is a
culinary delight, featuring stunning grained quartz counters &
stainless-steel appliances. Conveniently adjacent to the kitchen,
the versatile formal dining area can also serve as a private study,
providing the perfect setting for intimate gatherings or focused
work sessions. Breakfast nook right off the kitchen, while a
charming family sitting area/second den offers a relaxed ambiance.
The family room boasts soaring ceilings & brick fireplace. The
primary bedroom offers ample space for rest & relaxation. The
updated ensuite bathroom & secondary bath feature luxurious grained
quartz counters. Additional updates include pex plumbing, Luxury
Vinyl Plank floors throughout, fresh interior and exterior paint.
Unit Size
1,940 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$157
Property Type
House
Property Taxes
$399
HOA Dues
$42
Year Built
1980
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (HAR #24649069)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | In contract | - | |
| In contract | |||
| Apr 20, 2024 | No longer available | - | |
| No longer available | |||
| Apr 19, 2024 | Listed by Keller Williams Realty Metropolitan | $305,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
| Mar 19, 2024 | Listed by Keller Williams Realty Metropolitan | $315,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
| | |||
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This charming one-story residence boasts a myriad of updates & modern conveniences, & is located in the highly coveted neighborhood of Cimarron. The heart of the home, the kitchen, is a culinary delight, featuring stunning grained quartz counters & recently installed stainless-steel appliances. Conveniently adjacent to the kitchen, the versatile formal dining area can also serve as a private study, providing the perfect setting for intimate gatherings or focused work sessions. Flowing seamlessly from the kitchen is a cozy breakfast area, while a charming family sitting area/second den offers a relaxed ambiance. The family room boasts soaring ceilings & a cozy gas fireplace. The primary bedroom offers ample space for rest & relaxation. The updated ensuite bathroom & secondary bath feature luxurious grained quartz counters. Pex plumbing recently installed. 2 additional well-appointed bedrooms complete this lovingly updated & meticulously maintained home! Per seller, never flooded!
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Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Cimarron
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Listed by: Sandra Marconi, Keller Williams Realty Metropolitan
Last Updated: 4 months ago
Data Source: HAR , MLS# 24649069
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Last Updated: 4 months ago
Data Source: HAR , MLS# 24649069
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