$260,000 Last Listed Price
●
House -
Off Market
1502 Airline Drive
Katy, TX 77493
4 Beds
2 Baths,
1
Half Bath
1,771 Ft²
$289,919
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Beautiful home in Old Town Katy with many updates! No HOA and
low taxes. Close to great schools, Mary Jo Peckham Park
and the Katy library. 4 bedroom with 2.5 baths. Huge
family room with vaulted ceiling, amazing fireplace, lots of
windows for natural light and tile flooring. Kitchen with
granite counters, solid wood cabinets, tile back splash, stainless
appliances and tile flooring. Laundry/ Mud room inside.
Exterior & interior just painted. Recent mini blinds & French doors
in breakfast room. ALL bathrooms remodeled with granite and
upgraded fixtures. Roomy primary suite with just installed carpet,
huge walk-in closet and unbelievable extended tiled walk- in
shower. 3 spacious guest bedrooms up. Corner lot with
detached garage. Huge back patio and pool sized back yard.
HAS NEVER FLOODED per seller. Small town feel but close
to the City for an easy commute. Close to shopping and
retail. Schedule an appointment with your realtor today!
Never lost power in Feb freeze.
Unit Size
1,771 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$147
Property Type
House
Property Taxes
$356
HOA Dues
-
Year Built
1978
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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: 6 months ago (HAR #50081309)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2021 | Sold | ||
| Sold | |||
| Oct 27, 2021 | Listed by REALM Real Estate Professional | $260,000 | |
| Listed by REALM Real Estate Professional | |||
| | |||
|
Beautiful home in Old Town Katy with many updates! No HOA and low taxes. Close to great schools, Mary Jo Peckham Park and the Katy library. 4 bedroom with 2.5 baths. Huge family room with vaulted ceiling, amazing fireplace, lots of windows for natural light and tile flooring. Kitchen with granite counters, solid wood cabinets, tile back splash, stainless appliances and tile flooring. Laundry/ Mud room inside. Exterior & interior just painted. Recent mini blinds & French doors in breakfast room. ALL bathrooms remodeled with granite and upgraded fixtures. Roomy primary suite with just installed carpet, huge walk-in closet and unbelievable extended tiled walk- in shower. 3 spacious guest bedrooms up. Corner lot with detached garage. Huge back patio and pool sized back yard. HAS NEVER FLOODED per seller. Small town feel but close to the City for an easy commute. Close to shopping and retail. Schedule an appointment with your realtor today! Never lost power in Feb freeze.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Katy Heights
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Listed by: Christina Conn, REALM Real Estate Professional
Last Updated: 6 months ago
Data Source: HAR , MLS# 50081309
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Last Updated: 6 months ago
Data Source: HAR , MLS# 50081309
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