$264,900
●
House -
For Sale
1077 Mule Ridge Drive
Katy, TX 77493
3 Beds
2 Baths
1,621 Ft²
$1,924
Est. Monthly
$25
HOA / Fees
About This Property
Welcome to 1077 Mule Ridge, Katy, TX 77493 - a fantastic
opportunity to own a well-maintained 3-bedroom, 2-bathroom home
offering 1,621 sq. ft. of living space. This property offers an
attractive combination of affordability, functionality, and
investment potential. With a low property tax rate and low HOA fee,
the home provides an opportunity to help keep ongoing ownership
costs manageable-an important advantage for investors looking to
maximize cash flow potential. The spacious layout features three
bedrooms and two full bathrooms, making it appealing to a wide
range of tenants and future buyers. Whether you're looking to add a
property to your rental portfolio, purchase your first investment
home, or find a comfortable residence in the Katy area, this
property is worth a look. Short commute to Target, HEB and Costco.
Minutes to 99 Grand Parkway. Schedule your showing today!
Unit Size
1,621 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$163
Property Type
House
Property Taxes
$598
HOA Dues
$25
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: 10 days ago (HAR #66704814)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2026 | Listed by Keller Williams Signature | $264,900 | |
| Listed by Keller Williams Signature | |||
| Mar 28, 2022 | Sold | ||
| Sold | |||
| Feb 25, 2022 | Listed by BHGRE Gary Greene | $260,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
This open and spacious one-story home in Freeman Ranch features incredible entertaining space with a private dining room, spacious kitchen with breakfast bar, a huge family room and an extended covered back patio. The upgraded kitchen includes stunning wood cabinetry, granite countertops, recessed LED lighting. Vinyl flooring runs throughout the home. The home offers 3 bedrooms and 2 baths. No back neighbors. Katy ISD Schools. Check out the matterport
| |||
| Apr 29, 2019 | Sold | ||
| Sold | |||
| Feb 22, 2019 | Listed by LGI Homes | $187,900 | |
| Listed by LGI Homes | |||
| | |||
|
The open and spacious layout of the single-story Maple plan by LGI Homes invites you to relax and unwind. The open, chef-ready kitchen and sprawling family room provide a perfect space for entertaining family and friends. The private owner’s retreat features a soaking tub, step-in shower and a large walk-in closet. The Maple is equipped with over $10,000 worth of upgrades, including granite countertops, kitchen appliances, designer flooring, a covered back patio and fully fenced back yard.
| |||
Property Highlights
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Attached
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Appliances: Disposal, Microwave, Dishwasher
Exterior Details
Square Footage: 1621
Architectural Style: Traditional
Year Built: 2019
Building Area Total: 1621
Construction Materials: Brick, Cement Siding
Lot Features: Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.1263
Lot Size Units: Acres
Lot Size Acres: 0.1263
Lot Size Square Feet: 5501.628
Water Source: Public
Financial Details
Tax Annual Amount: $7,176
Utilities Details
Cooling Type: Electric
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA Fee: $300
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Hai Huynh, Keller Williams Signature
Last Updated: 10 days ago
Data Source: HAR , MLS# 66704814
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Last Updated: 10 days ago
Data Source: HAR , MLS# 66704814
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