$530,000 Last Listed Price
●
House -
Off Market
2011 Fairbranch Court
Katy, TX 77494
4 Beds
3 Baths,
1
Half Bath
3,246 Ft²
$542,235
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Gorgeous updated Cinco Ranch home that backs to a greenbelt with
walking path. Lovely landscaping with mature trees front & back.
Home faces north for maximum energy efficiency. Soaring 2- story
entry leads to study with French doors & dining room. Engineered
hardwoods throughout downstairs. Large family room has gas log
fireplace & wall of windows for natural light. Kitchen/breakfast
lighting updated to pendants & LED floods, new granite countertops,
microwave & Bosch dishwasher. Too many updates to list - list is in
attachments. NEW AC's - 2021, water heater & full bathroom remodel
- 2019. Attic insulation - R-49. Ceiling fans throughout home &
DOUBLE PANE WINDOWS. LARGE master bedroom & updated master bath. 3
LARGE secondary bedrooms with walk-in closets & game room upstairs.
New carpeting 2022. Oversized backyard is incredible, detached 3
car garage with work area or boat storage. Walking distance to
Fielder Elementary! Top rated Katy ISD schools. Home never flooded
per sellers.
Unit Size
3,246 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$163
Property Type
House
Property Taxes
$769
HOA Dues
$93
Year Built
1993
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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: 5 months ago (HAR #77348739)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2022 | Sold | ||
| Sold | |||
| Jun 5, 2022 | Listed by RE/MAX Grand | $530,000 | |
| Listed by RE/MAX Grand | |||
| | |||
|
Gorgeous updated Cinco Ranch home that backs to a greenbelt with walking path. Lovely landscaping with mature trees front & back. Home faces north for maximum energy efficiency. Soaring 2- story entry leads to study with French doors & dining room. Engineered hardwoods throughout downstairs. Large family room has gas log fireplace & wall of windows for natural light. Kitchen/breakfast lighting updated to pendants & LED floods, new granite countertops, microwave & Bosch dishwasher. Too many updates to list - list is in attachments. NEW AC's - 2021, water heater & full bathroom remodel - 2019. Attic insulation - R-49. Ceiling fans throughout home & DOUBLE PANE WINDOWS. LARGE master bedroom & updated master bath. 3 LARGE secondary bedrooms with walk-in closets & game room upstairs. New carpeting 2022. Oversized backyard is incredible, detached 3 car garage with work area or boat storage. Walking distance to Fielder Elementary! Top rated Katy ISD schools. Home never flooded per sellers.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cinco Ranch
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Listed by: Tena Wood, RE/MAX Grand
Last Updated: 5 months ago
Data Source: HAR , MLS# 77348739
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Last Updated: 5 months ago
Data Source: HAR , MLS# 77348739
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