$750,000 Last Listed Price
●
House -
Off Market
1227 Lake Grayson Drive
Katy, TX 77494
4 Beds
3 Baths,
1
Half Bath
4,373 Ft²
$791,476
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Discover a fabulous lake view home built by David Powers in Grayson
Lakes! This home features no carpet, recent roof (2020), updated
bathrooms & so much more! Literally across the street from a
neighborhood dock where you can fish, launch your kayak, or relax
and watch the sunsets. Zoned to outstanding Katy schools including
sought after Tompkins High school. Kitchen features 5 burner gas
cooktop, convection oven, abundant cabinetry & counter space, +
huge pantry. The large private backyard has ample room for a future
pool or play equipment. 3 car auto court style garage & porte
cachere for unloading straight to the kitchen. Primary suite down w
sitting room, elegant bath & large walk in closet. Study down:
gameroom, media/flex room & additional study nook upstairs. 3 large
bedrooms each w walk in closet upstairs upstairs. Low tax rate for
the area (2.42). Easy access to I-10. Grayson lakes has 33+
acres of usable lakes, pool, tennis, boat docks. Close to shopping
& entertainment.
Unit Size
4,373 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$172
Property Type
House
Property Taxes
$1,043
HOA Dues
$110
Year Built
2005
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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 #35967527)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2022 | Sold | ||
| Sold | |||
| Aug 5, 2022 | Listed by BHGRE Gary Greene | $750,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
Discover a fabulous lake view home built by David Powers in Grayson Lakes! This home features no carpet, recent roof (2020), updated bathrooms & so much more! Literally across the street from a neighborhood dock where you can fish, launch your kayak, or relax and watch the sunsets. Zoned to outstanding Katy schools including sought after Tompkins High school. Kitchen features 5 burner gas cooktop, convection oven, abundant cabinetry & counter space, + huge pantry. The large private backyard has ample room for a future pool or play equipment. 3 car auto court style garage & porte cachere for unloading straight to the kitchen. Primary suite down w sitting room, elegant bath & large walk in closet. Study down: gameroom, media/flex room & additional study nook upstairs. 3 large bedrooms each w walk in closet upstairs upstairs. Low tax rate for the area (2.42). Easy access to I-10. Grayson lakes has 33+ acres of usable lakes, pool, tennis, boat docks. Close to shopping & entertainment.
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Country Lakes
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Listed by: Robert Miles, BHGRE Gary Greene
Last Updated: 5 months ago
Data Source: HAR , MLS# 35967527
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Last Updated: 5 months ago
Data Source: HAR , MLS# 35967527
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