$599,000 Last Listed Price
●
House -
Off Market
1615 Primrose Lane
Katy, TX 77493
5 Beds
5 Baths,
1
Half Bath
4,432 Ft²
$728,427
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
CHECK OUT THE VIRTUAL LISTING This Cane Island picturesque Home
with convenient access to I-10, is sure to check all the boxes on
your list. 5 bedrooms, 5.5 bathrooms (2 down), 4 en-suite baths
(not primary), study, gameroom, Media Room and Covered Patio. Happy
is indeed the word to describe the emendations throughout. Many
automated smart features: Lights, Shades, Front door lock, Garage
doors, Sprinkler System, Thermostat, Ring Camera on front door &
the Ring backyard Floodlight Camera. Apple HomeKit Supported.
Nestled in Cane Island, you are afforded optimal privacy amidst
beautiful surroundings within one of Katy's finest neighborhoods.
Enjoy all the amenities, Cane Island's own restaurant, The Oaks, 2
pools, 2 story Gym, Yoga Center, walking trails, parks, central
lawn area, & more. Monthly community events. Highly accredited Katy
schools, Bryant Elementary, Katy Junior High, and Katy High School.
With nearby shopping and dining entertainment, let's make this
Home. Did not Flood
Unit Size
4,432 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$135
Property Type
House
Property Taxes
$1,606
HOA Dues
$100
Year Built
2016
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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 #13867418)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jan 27, 2024 | Relisted | $699,000 | |
| Relisted | |||
| Dec 19, 2023 | In contract | - | |
| In contract | |||
| Oct 31, 2023 | Listed by CB&A, Realtors-Katy | $699,000 | |
| Listed by CB&A, Realtors-Katy | |||
| | |||
|
Clean & Crisp Shea home located walking distance to Cane Islands Pools, The Oaks Kitchen, Conservatory, Fitness Center, Yoga Studio and much more! No burst pipes in '21 freeze, no flooding. This 2-story Mediterranean home boasts 5 bedrooms (2 down & 3 up), 5 full bathrooms 1 half bath. Open concept Kitchen, Dining, & Family room w/ upgraded sliding glass patio door. Gourmet kitchen features SS appliances & large island kitchen w/ granite countertops. Separate home office. Massive primary suite including large bedroom, bathroom w/ dual sinks, wet room w/shower & soaking tub, & large walk-in closet. Additional bedroom & private bathroom downstairs ideal for guests. Upstairs is perfect entertainment w/ large game room, private media room w/ bar, 3 additional bedrooms w/ ensuite bathrooms. 3 Car Garage! Huge back patio with sliding screen. Home Automated Features: lights, shades, front door lock, garage doors, sprinkler systems, thermostat, ring camera. Apple HomeKit Supported. Must see!
| |||
| Apr 27, 2021 | Sold | ||
| Sold | |||
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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 Waller
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Listed by: Jamie McMartin, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: HAR , MLS# 13867418
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Last Updated: 4 months ago
Data Source: HAR , MLS# 13867418
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