$440,000
●
House -
In Contract
1040 Open Sky Drive
Katy, TX 77493
4 Beds
2 Baths,
1
Half Bath
2,806 Ft²
$3,027
Est. Monthly
$166
HOA / Fees
About This Property
This TriPointe home behind the private gates of Lake House delivers
the clean, designer feel today's buyers are chasing, at a number
that won't last long. An open layout and abundant natural light
lead back to a wall of windows overlooking the extended covered
patio and a backyard size that's genuinely hard to find in newer
communities - one of the home's best gathering spaces, indoors or
out. The kitchen is built for real life and real entertaining: Cafe
appliances, Silestone countertops, a large island, pot filler, and
a built-in wine fridge. Custom office doors and an upstairs game
room add the flexibility work, play, and guests all need. A
whole-home water softener and reverse osmosis system round out the
upgrades. Lake House residents walk to the lake, clubhouse, fitness
center, and pool, all zoned to highly rated Katy ISD schools inside
this gated community. Schedule your private tour. This one is ready
to move.
Unit Size
2,806 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$157
Property Type
House
Property Taxes
$700
HOA Dues
$166
Year Built
2019
Listed By
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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: 3 days ago (HAR #46242962)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2026 | In contract | - | |
| In contract | |||
| Sep 3, 2026 | Price Decreased |
$440,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Aug 21, 2026 | Listed by Compass RE Texas, LLC - West Houston | $450,000 | |
| Listed by Compass RE Texas, LLC - West Houston | |||
| Jul 22, 2026 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jun 24, 2026 | Listed by Compass RE Texas, LLC - West Houston | $475,000 | |
| Listed by Compass RE Texas, LLC - West Houston | |||
   | |||
|
Located behind the private gates of Lake House community, this Trendmaker home offers the clean, designer feel buyers are looking for with an open layout, abundant natural light, and a backyard that is hard to find in many newer communities. A wall of windows across the back of the home draws your attention to the extended covered patio and spacious backyard, creating one of the home's best gathering spaces. The kitchen is anchored by Cafe appliances, Silestone countertops, a large island, pot filler, and a built-in wine fridge that make everyday living and entertaining easy. Custom office doors, and an upstairs game room add flexibility for work, play, and everything in between. Additional upgrades include a whole-home water softener and reverse osmosis system. Lake House Residents enjoy walkable access to the lake, clubhouse, fitness center, pool, and highly rated Katy ISD schools, all within this gated community. Call to schedule your private tour today.
| |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Door Opener, Attached/Detached Garage, Double-Wide Driveway
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: High Ceilings, Wired for Sound, Formal Entry/Foyer, En-Suite Bath, Primary Bed - 1st Floor, Walk-In Closet(s)
Appliances: Water Heater, Disposal, Convection Oven, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Freestanding Oven
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup
Has Fireplace
Fireplace Features: Gas
Fireplaces: 1
Exterior Details
Square Footage: 2806
Architectural Style: Traditional
Year Built Source: Builder
Year Built: 2020
Builder Name: Trendmaker
Building Area Total: 2806
Window Features: Window Coverings
Construction Materials: Brick
Patio and Porch Features: Patio, Porch
Lot Features: Cleared, 0 Up To 1/4 Acre
Lot Size Area: 0.1837
Lot Size Units: Acres
Lot Size Acres: 0.1837
Lot Size Square Feet: 8001.972
Financial Details
Tax Annual Amount: $8,395
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA Fee: $1,997
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Waller
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Listed by: Jamie McMartin, Compass RE Texas, LLC - West Houston
Last Updated: 3 days ago
Data Source: HAR , MLS# 46242962
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Last Updated: 3 days ago
Data Source: HAR , MLS# 46242962
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