$300,000 Last Listed Price
●
House -
Off Market
1401 Drexel Drive
Katy, TX 77493
3 Beds
2 Baths
1,589 Ft²
$1,868
Est. Monthly
About This Property
This is it! Old Katy stunner in prime Katy proper location.
LOW TAX RATE & NO HOA. No previous flooding.
Beautiful landscaping, mature trees and extended back covered patio. AC replaced in May 2023. Energy efficient windows. UPGRADED KITCHEN with modern cabinets with pulls, quartz countertops and stainless appliances. Neutral paint throughout. Sunny dining room with bay window. Large family room with vaulted ceiling, gas fireplace and hardwood flooring. Study/ den in front of the home with just replaced flooring. Upgraded guest bath as well. Ample sized bedrooms. HUGE yard with two storage sheds and firepit area. Cental Katy Proper location close to retail, dining and entertainment. Easy access to 1-10, 99, 90 and 290. ASK your realtor about Specials.
Beautiful landscaping, mature trees and extended back covered patio. AC replaced in May 2023. Energy efficient windows. UPGRADED KITCHEN with modern cabinets with pulls, quartz countertops and stainless appliances. Neutral paint throughout. Sunny dining room with bay window. Large family room with vaulted ceiling, gas fireplace and hardwood flooring. Study/ den in front of the home with just replaced flooring. Upgraded guest bath as well. Ample sized bedrooms. HUGE yard with two storage sheds and firepit area. Cental Katy Proper location close to retail, dining and entertainment. Easy access to 1-10, 99, 90 and 290. ASK your realtor about Specials.
Unit Size
1,589 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$189
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1973
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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 #63859756)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 27, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2023 | Listed by Realm Real Estate Professionals - Katy | $300,000 | |
| Listed by Realm Real Estate Professionals - Katy | |||
| | |||
|
This is it! Old Katy stunner in prime Katy proper location. LOW TAX RATE & NO HOA. No previous flooding.
Beautiful landscaping, mature trees and extended back covered patio. AC replaced in May 2023. Energy efficient windows. UPGRADED KITCHEN with modern cabinets with pulls, quartz countertops and stainless appliances. Neutral paint throughout. Sunny dining room with bay window. Large family room with vaulted ceiling, gas fireplace and hardwood flooring. Study/ den in front of the home with just replaced flooring. Upgraded guest bath as well. Ample sized bedrooms. HUGE yard with two storage sheds and firepit area. Cental Katy Proper location close to retail, dining and entertainment. Easy access to 1-10, 99, 90 and 290. ASK your realtor about Specials.
| |||
| Aug 20, 2020 | Sold | ||
| Sold | |||
| Jul 18, 2020 | Listed by REALM Real Estate Professional | $189,900 | |
| Listed by REALM Real Estate Professional | |||
| | |||
|
Old Towne Katy charmer with lovely well manicured yard, spacious family room with fireplace, extra room could be formal living or office space, primary bedroom has private bath and 2 closets, other 2 bedrooms are spacious. Carpet in bedrooms only. New owners may want to do some updates, but perfectly livable as it is. Kitchen fridge stays, laundry area is in garage. Can use gas or electric dryer. Good sized back yard with covered patio areas. Zoned to Katy High School! No HOA! Close to Public Library, Park and Katy Police Station. Highly sought after area in Katy Heights, Home has never flooded!
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Listed by: Christina Conn, Realm Real Estate Professionals - Katy
Last Updated: 5 months ago
Data Source: HAR , MLS# 63859756
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Last Updated: 5 months ago
Data Source: HAR , MLS# 63859756
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