$450,000 Last Listed Price
●
House -
Off Market
1502 Phoenician Drive
Katy, TX 77494
5 Beds
3 Baths
2,993 Ft²
$463,395
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
GREAT LOCATION! Gated Community in the Heart of Katy! Close to
Sought after Cinco Schools, Shopping, & Walking Distance to
Community Pool & Park. Unique Floor Plan has 5 Large Bedrooms,3
Full Baths, Both Formals, Island kitchen w/Gas Cooktop, Granite
Counter, Huge Walk-in Pantry. Gorgeous Two Story Entry, Cozy family
Room w/Fireplace. 5th Bedroom could be used as Study. Huge Master
Suite is 18x19 Large Executive Bath w/Dual Sinks, Shower &
Whirlpool Tub. New Paint! Inside and Out. Fully Spindled Staircase,
New Carpet And Appliances. Leaded Glass Front Door.
Unit Size
2,993 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$150
Property Type
House
Property Taxes
$592
HOA Dues
$67
Year Built
2003
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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: 4 months ago (HAR #43881322)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2022 | Sold | ||
| Sold | |||
| Feb 24, 2022 | Listed by Keller Williams Metropolitan | $450,000 | |
| Listed by Keller Williams Metropolitan | |||
| | |||
|
GREAT LOCATION! Gated Community in the Heart of Katy! Close to Sought after Cinco Schools, Shopping, & Walking Distance to Community Pool & Park. Unique Floor Plan has 5 Large Bedrooms,3 Full Baths, Both Formals, Island kitchen w/Gas Cooktop, Granite Counter, Huge Walk-in Pantry. Gorgeous Two Story Entry, Cozy family Room w/Fireplace. 5th Bedroom could be used as Study. Huge Master Suite is 18x19 Large Executive Bath w/Dual Sinks, Shower & Whirlpool Tub. New Paint! Inside and Out. Fully Spindled Staircase, New Carpet And Appliances. Leaded Glass Front Door.
| |||
| Jan 14, 2022 | Sold | ||
| Sold | |||
| Dec 30, 2021 | Listed by REALM Real Estate Professional | $399,000 | |
| Listed by REALM Real Estate Professional | |||
| | |||
|
GREAT LOCATION! Gated Community in the Heart of Katy! Close to Sought after Cinco Schools,Shopping, & Walking Distance to Community Pool & Park. Unique Floor Plan has 5 Large Bedrooms,3 Full Baths,Both Formals,Island kitchen w/Gas Cooktop, Granite Counter, Huge Walk-in Pantry. Gorgeous Two Story Entry,Cozy family Room w/Fireplace. 5th Bedroom could be used as Study. Huge Master Suite is 18x19 Large Executive Bath w/Dual Sinks, Shower & Whirlpool Tub. New Paint! Inside and Out. Fully Spindled Staircase, New Carpet And Appliances. Leaded Glass Front Door.
| |||
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 Falcon Landing
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Listed by: Kuen Wong, Keller Williams Metropolitan
Last Updated: 4 months ago
Data Source: HAR , MLS# 43881322
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Last Updated: 4 months ago
Data Source: HAR , MLS# 43881322
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