$395,000 Last Listed Price
●
House -
Off Market
1724 Airline Drive
Katy, TX 77493
5 Beds
4 Baths
4,187 Ft²
$398,075
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Freshly updated beautiful 5/4 bedrooms, 4 bathroom home. This home
has 2 master bedrooms, one downstairs and one upstairs. All
bedrooms are spacious with ample closet space and lots of storage
all throughout. Upstairs, between 2 bedrooms, check out the fun
area where you will find a game room and a very neat "secret room"
behind the bookshelf. The backyard has a beautiful large Koi pond
with waterfall. Walking distance to Mary Jo Peckham Park, Katy Dog
Park, and Katy Library. NO MUD TAX or NO HOA, zoned to Katy ISD!!
HVAC 2011,2016, Water heater 2015, New Paint 2021, New Roof 2022,
New Fence 2022. Must see Come check it out today!
Unit Size
4,187 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$94
Property Type
House
Property Taxes
$524
HOA Dues
-
Year Built
1978
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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 #58124037)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 2, 2024 | No longer available | - | |
| No longer available | |||
| Jan 19, 2024 | Price Decreased |
$399,000
↓ $11K
(2.7%) | |
| Price Decreased | |||
| Jan 15, 2024 | Listed by C.R.Realty | $410,000 | |
| Listed by C.R.Realty | |||
| | |||
|
INVESTOR/FLIPPER OPPORTUNITY! Unlock the potential of this prime property located in sought-after Historic Katy. An amazing 4,187 sq ft of endless possibilities to create your vision. Floor plan generously accommodates multi-generational living with 3 large en suite bedrooms, 2 kitchens, and 2 laundry rooms, all on the main floor. 2nd floor includes a large en suite bedroom, two other bedrooms, and a huge bonus room. NO MUD or HOA, maximizing your investment! Excellent location with many neighborhood amenities. Zoned to Katy ISD. Easy access to I-10 and Houston's Energy Corridor. Minutes to Katy Mills Mall, Costco, Water Park, Theater, Restaurants, Businesses, and Medical Services. Whether you are envisioning building your dream home or seeking a lucrative investment, this property offers you a versatile canvas for success. New roof 2022. New fence 2022. New windows 2023. Plans have been approved by the City of Katy. Serious Investors Only. Agent related to Seller.
| |||
| May 20, 2022 | Sold | ||
| Sold | |||
| Mar 25, 2022 | Listed by C.R.Realty | $395,000 | |
| Listed by C.R.Realty | |||
| | |||
|
Freshly updated beautiful 5/4 bedrooms, 4 bathroom home. This home has 2 master bedrooms, one downstairs and one upstairs. All bedrooms are spacious with ample closet space and lots of storage all throughout. Upstairs, between 2 bedrooms, check out the fun area where you will find a game room and a very neat "secret room" behind the bookshelf. The backyard has a beautiful large Koi pond with waterfall. Walking distance to Mary Jo Peckham Park, Katy Dog Park, and Katy Library. NO MUD TAX or NO HOA, zoned to Katy ISD!! HVAC 2011,2016, Water heater 2015, New Paint 2021, New Roof 2022, New Fence 2022. Must see Come check it out today!
| |||
Property Highlights
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: Chantelle Alexander, C.R.Realty
Last Updated: 6 months ago
Data Source: HAR , MLS# 58124037
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Last Updated: 6 months ago
Data Source: HAR , MLS# 58124037
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