Welcome to this beautiful one-story home in the desirable Preserve
section of Towne Lake. Featuring 3 bedrooms, 2 full baths and a
spacious private office. This home radiates comfort, style, with a
functional layout. This Open-concept living space showcases a
smartly designed kitchen with abundant storage, glass front
cabinets, multiple deep drawers for pots, pans, and cookware all
surrounded by a large quartz island. The living room is adorned
with a custom accent wall, lots of natural lighting and surround
sound speakers. The spacious primary suite is a true retreat with
an oversized super shower and huge walk-in closet. Enjoy a peaceful
backyard with a covered patio, perfect for relaxing or
entertaining. Located in Cy-Fair ISD and offering lake access,
incredible Towne Lake amenities, walking trails, recreational
areas, and nearby restaurants and entertainment, this home offers
the perfect combination of comfortable living and an exceptional
community lifestyle.
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.
Interior Features: Dry Bar, Wired for Sound, Formal Entry/Foyer, Prewired for Alarm System, All Bedrooms Down, Primary Bed - 1st Floor, Walk-In Closet(s)
Appliances: Disposal, Water Softener, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer Included
Flooring Type: Carpet, Tile, Wood
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 2316
Architectural Style: Traditional
Year Built: 2019
Builder Name: David Weekley Homes
Building Area Total: 2316
Construction Materials: Brick, Stone
Patio and Porch Features: Covered, Patio
Lot Features: Back Yard, Corner Lot, Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Acres: 0.15
Lot Size Square Feet: 6534
Water Source: Water District
Financial Details
Tax Annual Amount: $11,107
Utilities Details
Cooling Type: Ceiling Fan(s), Electric
Heating Type: Natural Gas
Location Details
HOA/Condo/Coop Amenities: Beach Access, Boat Dock, Boat Slip, Clubhouse, Fitness Center, Jogging Path, Marina, Park, Party Room, Picnic Area, Playground, Pool, Security, Sport Court, Tennis Court(s), Trail(s), Garbage Service, Paid Patrol, Pickleball Court, Pond, Splash Pad, Stocked Pond
HOA Fee: $2,184
HOA Fee Frequency: Annually
Building Info
Overview
General
Year Built:
2019
Effective Year Built:
2019
Building Count:
1
Total Rooms:
8
Bedroom Count:
3
Bathroom Count:
2
Full Bathrooms:
2
Partial Bathrooms:
2
Bathroom Plumbing Fixtures:
12
Building Condition:
6
Building Quality:
4
Construction Type:
2
Building Style:
0
Exterior Walls Type:
3
Interior Walls Type:
0
Roof Shape Type:
0
Roof Cover Type:
0
Floor Count:
100
Floor Cover:
0
Basement Type:
0
Basement Area:
0
Garage Type:
7
Garage Square Area:
400
Parking Space Count:
2
Patio Type:
0
Porch Type:
7
Pool Type:
0
Dimensions
Lot Size Square Feet:
6,532
Total Building Area:
2,316
Gross Building Area:
2,316
Building Area:
2,316
Building Area Measurement:
L
Heating and Cooling
Air Conditioning:
1
Heating:
3
Heated Square Feet:
2,316
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
TOWNE LAKE SEC 50
Land Acres:
0000000150
Standard Land Use Code:
1001
County Land Use Code:
1001
State Land Use Code:
A1
Legal Description 1:
LT 6 BLK 2 TOWNE LAKE SEC 50
Neighborhood
School District Name:
Cypress-Fairbanks Independent School District
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