$520,000
●
House -
For Sale
1502 Avenue D
Katy, TX 77493
4 Beds
2 Baths
1,750 Ft²
$3,252
Est. Monthly
About This Property
MOTIVATED SELLER! Fully renovated commercial property in the heart
of Old Katy! Zoned C-1 Commercial, this updated space offers an
excellent opportunity to establish or expand your business.
Renovations include a new roof, with a water heater installed in
August 2021. Spacious rooms offer flexible options for private
offices, while larger areas are ideal for a conference room and
welcoming reception area. The generous lot provides potential for
additional parking, subject to city approval. Conveniently located
minutes from City Hall, local businesses, shopping, and dining.
Bring your vision to this versatile property and create a space
where your business can thrive. Schedule your showing today! Buyer
to verify permitted uses and any required approvals.
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$297
Property Type
House
Property Taxes
$698
HOA Dues
-
Year Built
1952
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: 2 hours ago (HAR #62019983)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2026 | Listed by Step Real Estate | $520,000 | |
| Listed by Step Real Estate | |||
| Jan 4, 2022 | Sold | ||
| Sold | |||
| Aug 20, 2021 | Listed by FYI Realty-Katy | $439,900 | |
| Listed by FYI Realty-Katy | |||
| | |||
|
MOTIVATED SELLER!! Lease Options are available! Zoned C1 commerial use, no need to wait for permitting! Come check out your next business location! Right in the heart of Old Katy, and ready for your business traffic. The large lot can accommodate more parking if necessary, and is minutes away from City Hall. Property has been renovated and updated! New roof included in the renovations, as well as a new water heater in August 2021. Branch out with your business and start up right away in the space that's perfectly made to grow your business immediately! Rooms are spacious and ready for private offices, and the larger spaces will be great for a conference room and reception area.
| |||
| Dec 29, 2020 | Sold | ||
| Sold | |||
| Aug 21, 2020 | Listed by Coldwell Banker Realty | $329,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Excellent professional office space opportunity located in the heart of Old Katy. Property features 4 private office spaces, a large reception area, and full kitchen, with one full bathroom and one large half bathroom. Suitable for Attorneys, Architects, Insurance Office, CPA's, Engineers or other professionals. Building's roof replaced in 2017 per seller. Property has a detached 2 car garage in addition to extra parking spaces in front of building with handicap space per city code. Please contact us for a tour today.
| |||
Property Highlights
Garage
Parking Details
Has Garage
Parking Features: Detached
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: All Bedrooms Down, Walk-In Closet(s)
Appliances: Disposal, Electric Oven, Microwave, Electric Range, Dishwasher
Flooring Type: Vinyl Plank
Exterior Details
Square Footage: 1750
Architectural Style: Traditional
Year Built: 1952
Building Area Total: 1750
Construction Materials: Asbestos, Brick
Lot Features: Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.35
Lot Size Units: Acres
Lot Size Acres: 0.35
Lot Size Square Feet: 15246
Water Source: Public
Financial Details
Tax Annual Amount: $8,376
Utilities Details
Cooling Type: Electric
Heating Type: Natural Gas
Sewer : Public Sewer
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 Katy
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Listed by: Montserrat Galan, Step Real Estate
Last Updated: 2 hours ago
Data Source: HAR , MLS# 62019983
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Last Updated: 2 hours ago
Data Source: HAR , MLS# 62019983
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