$615,000 Last Listed Price
●
House -
Off Market
1615 Airline Drive
Katy, TX 77493
5 Beds
3 Baths,
1
Half Bath
3,687 Ft²
$677,549
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Welcome Home to 1615 Airline Dr., Katy, TX! Custom Brick Home
nestled in the Heart of Old Katy! 2 Story, 5 beds, 3 1/2 baths on
over 1/2 ACRE! Formal Dining Room, Formal Living, Large Family Area
upstairs for your Entertainment needs showcasing Surround Sound,
Crown Molding, High Ceilings! Newly Renovated Gourmet Kitchen
Overlooking the Breakfast Area, S/S Appliances, Gas Stove,
Walk-In Pantry! Primary downstairs featuring crown molding, custom
tray ceilings, 4 Bedrooms Up! Large Covered Patio featuring your
own private oasis - Private Pool featuring a Slide, Outdoor
Speakers & a Hot Tub to enjoy those Texas Sunsets! Separate Pool
House for those outdoor events.Gorgeous Oak Trees, Mature
Landscaping and Sprinkler System. Only 1 Owner! 3 Car Garage!
Garage is prepped & wired for your Private Garage Apartment.
2 Outdoor Storage Areas! Side Gate access for Trailers,
etc. Space for RV Parking! Katy ISD! Low Taxes! No MUD Taxes! Never
Flooded! Don't miss out on this great opportunity!
Unit Size
3,687 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$167
Property Type
House
Property Taxes
$1,153
HOA Dues
-
Year Built
1998
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Cap Rate Calculator
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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 #48537444)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2021 | Sold | ||
| Sold | |||
| Nov 1, 2021 | Listed by Strada | $615,000 | |
| Listed by Strada | |||
| | |||
|
Welcome Home to 1615 Airline Dr., Katy, TX! Custom Brick Home nestled in the Heart of Old Katy! 2 Story, 5 beds, 3 1/2 baths on over 1/2 ACRE! Formal Dining Room, Formal Living, Large Family Area upstairs for your Entertainment needs showcasing Surround Sound, Crown Molding, High Ceilings! Newly Renovated Gourmet Kitchen Overlooking the Breakfast Area, S/S Appliances, Gas Stove, Walk-In Pantry! Primary downstairs featuring crown molding, custom tray ceilings, 4 Bedrooms Up! Large Covered Patio featuring your own private oasis - Private Pool featuring a Slide, Outdoor Speakers & a Hot Tub to enjoy those Texas Sunsets! Separate Pool House for those outdoor events.Gorgeous Oak Trees, Mature Landscaping and Sprinkler System. Only 1 Owner! 3 Car Garage! Garage is prepped & wired for your Private Garage Apartment. 2 Outdoor Storage Areas! Side Gate access for Trailers, etc. Space for RV Parking! Katy ISD! Low Taxes! No MUD Taxes! Never Flooded! Don't miss out on this great opportunity!
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Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Katy
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Listed by: Shelley Einarsson, Strada
Last Updated: 6 months ago
Data Source: HAR , MLS# 48537444
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Last Updated: 6 months ago
Data Source: HAR , MLS# 48537444
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