$240,000 Last Listed Price
●
House -
Off Market
1529 Heights Drive
Katy, TX 77493
3 Beds
2 Baths
1,644 Ft²
$1,626
Est. Monthly
About This Property
There's a ton of potential here for someone to update the kitchen
and baths, and make this a gorgeous home in a really convenient
location. Split floor plan with a large living room, wood-burning
fireplace, formal dining area, breakfast nook in the kitchen, some
replacement windows, and a covered patio. NO FLOODING! NO HOA! NO
MUD! You'll love the mature trees, great schools, and charm
found in Old Katy. You've got easy access for commuting and you're
in walking distance of the library, Katy City Park, Off Leash Dog
Park, Legacy Stadium, and more. You're surrounded by opportunities!
Katy Mills Mall is just across I-10 and you're near Costco,
Walmart, HEB, houses of worship, restaurants, recreation,
entertainment, and employment centers. Property is being sold AS IS
and a quick closing can be accommodated. Some appliances don't
work, so I'd plan on replacing them all when you remodel the
kitchen.
Unit Size
1,644 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$146
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
1977
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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 #79255608)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Listed by Realm Real Estate Professionals - Katy | $349,000 | |
| Listed by Realm Real Estate Professionals - Katy | |||
| | |||
|
Beautiful REMODEL on this one! Very open floorplan, huge kitchen island with Quartz counters, all new cabinets, soft close drawers, tons of storage areas! All new kitchen appliances! Pex Plumbing and replaced A/C. Family room is huge and open to kitchen and Dining area! Wood look ceramic tile flooring through-out house. Bathrooms are beautiful, primary has a huge walk-in shower, double sinks. Secondary bath is also updated! Bedrooms are large with ample closet space. Nice covered back deck area is perfect for family gatherings and cook-outs! Also NO HOA or MUD DISTRICT!! Zoned to KATY HIGH SCHOOL!
| |||
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | In contract | - | |
| In contract | |||
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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 Katy Heights
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Listed by: Ruth Ann Manison, Prince Properties, LLC
Last Updated: 4 months ago
Data Source: HAR , MLS# 79255608
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Last Updated: 4 months ago
Data Source: HAR , MLS# 79255608
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