$379,990 Last Listed Price
●
House -
Off Market
1511 Hannington Drive
Katy, TX 77450
4 Beds
3 Baths,
1
Half Bath
2,847 Ft²
$391,301
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model
About This Property
UPDATED 02/06 - Multiple offers have been received so the sellers
have decided to set a deadline of 5pm tomorrow Monday 7 February in
case anyone wants to revise their offer.
This 4 bedroom, 3.5 bathroom with master down is being sold as is. Does it have the potential to be your dream home? It needs some remodelling but here are some of the pro's to this great home - Zoned to great Katy ISD schools. Fantastic neighbors! All new PEX piping was installed in August 2020. New backyard fence installed October 2021. AC units were replaced in 2015. Pool/spa was re-surfaced and had new pool heater fitted in 2015. House has never flooded per owner. The house has been rented out for the past 5 years so its in need of some TLC, the owners will not consider any remodelling and or any repairs. This would be perfect for a family trying to get into Nottingham Country who are not afraid of a project.
This 4 bedroom, 3.5 bathroom with master down is being sold as is. Does it have the potential to be your dream home? It needs some remodelling but here are some of the pro's to this great home - Zoned to great Katy ISD schools. Fantastic neighbors! All new PEX piping was installed in August 2020. New backyard fence installed October 2021. AC units were replaced in 2015. Pool/spa was re-surfaced and had new pool heater fitted in 2015. House has never flooded per owner. The house has been rented out for the past 5 years so its in need of some TLC, the owners will not consider any remodelling and or any repairs. This would be perfect for a family trying to get into Nottingham Country who are not afraid of a project.
Unit Size
2,847 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$133
Property Type
House
Property Taxes
$659
HOA Dues
$25
Year Built
1982
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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 #28431421)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 4, 2022 | Sold | ||
| Sold | |||
| Feb 4, 2022 | Listed by Energy Realty | $379,990 | |
| Listed by Energy Realty | |||
| | |||
|
UPDATED 02/06 - Multiple offers have been received so the sellers have decided to set a deadline of 5pm tomorrow Monday 7 February in case anyone wants to revise their offer.
This 4 bedroom, 3.5 bathroom with master down is being sold as is. Does it have the potential to be your dream home? It needs some remodelling but here are some of the pro's to this great home - Zoned to great Katy ISD schools. Fantastic neighbors! All new PEX piping was installed in August 2020. New backyard fence installed October 2021. AC units were replaced in 2015. Pool/spa was re-surfaced and had new pool heater fitted in 2015. House has never flooded per owner. The house has been rented out for the past 5 years so its in need of some TLC, the owners will not consider any remodelling and or any repairs. This would be perfect for a family trying to get into Nottingham Country who are not afraid of a project.
| |||
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 Nottingham Country
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Listed by: Lee Smalley, Energy Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 28431421
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Last Updated: 4 months ago
Data Source: HAR , MLS# 28431421
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