$295,000 Last Listed Price
●
House -
Off Market
1122 Western Springs Drive
Katy, TX 77450
3 Beds
2 Baths
1,871 Ft²
$312,290
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Beautiful 1-story home, 3 bedrooms, 2 full baths with 3 car
detached garage. The garage has a window unit AC if you want
to tinker out there. There is no carpet in the home and the
wet bar area has been converted to an office nook. There have
been many updates to this home including, repiping entire home with
Pex piping, replaced bathtub and wall tile in guest bathroom,
replaced fixtures on all sinks and tubs in home, added can lighting
to dining room, kitchen, and den, added French drain system in
backyard, replaced sprinkler system for backyard, added pavers
along exterior of house in backyard, reconnected fireplace as gas
and added gas logs, new windows in primary bedroom and den,
replaced dishwasher, added new gutters and leaf guards around
exterior and front yard landscaping. Per the seller, roof is
10 years old. Home is zoned to exemplary Katy ISD and in
close proximity to Interstate 10, and 99 Tollway.
Unit Size
1,871 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$158
Property Type
House
Property Taxes
$405
HOA Dues
$33
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: 5 months ago (HAR #86014640)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
| Jun 16, 2024 | Listed by Compass RE Texas, LLC - Katy | $315,000 | |
| Listed by Compass RE Texas, LLC - Katy | |||
| | |||
|
Welcome home to this lovely 3 bedroom, 2 bath home on a corner lot with a desirable 3 car garage in South Katy. Updated kitchen was completely gutted and transformed into a modern island kitchen with stainless steel appliances, white shaker cabinets & large drawers, quartz counters, mosaic backsplash, LVT floors and a quaint corner window above the sink. Formal dining greets you at the entry with a bay window and provides an excellent space for entertaining and family gatherings. The family room has an 11-foot vaulted ceiling with exposed beams and revived block paneling painted an elegant white to make the room light and bright with a cozy corner fireplace. The primary retreat is spacious and has room for a sitting area and an ensuite with dual sinks, two closets and vanity area. Two secondary bedrooms and a bath provide ample space to spread out. Outside find a covered breezeway & large yard w/space to relax. Mature trees, no carpet, whole home repiped w/PEX & enlarged utility room.
| |||
| Jan 10, 2023 | Sold | ||
| Sold | |||
| Nov 28, 2022 | Listed by Prestige Properties Texas | $295,000 | |
| Listed by Prestige Properties Texas | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cimarron
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Listed by: Jennifer Clark, Prestige Properties Texas
Last Updated: 5 months ago
Data Source: HAR , MLS# 86014640
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Last Updated: 5 months ago
Data Source: HAR , MLS# 86014640
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