$270,000 Last Listed Price
●
House -
Off Market
21135 Park Tree Lane
Katy, TX 77450
3 Beds
2 Baths
2,065 Ft²
$282,522
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Great location in Katy's well established Memorial Parkway
subdivision. Nice and quiet place to live with sidewalks throughout
the neighborhood. You have access to 2 neighborhood pools, parks,
and the highly accredited KISD school district. Beautiful real wood
flooring throughout the living and dining areas. French doors added
to the living room which lead you into a spacious back yard. Nice
brick fireplace with working gas logs. Huge garage with plenty of
space. Double paned (energy saving) windows installed on 06/18. New
electrical panel installed on 12/19. Never flooded or had
broken/frozen water pipes. Conveniently located within 1 mile
of Memorial Parkway Elementary, Junior High, and Taylor High
School. This one won't last long!
Unit Size
2,065 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$131
Property Type
House
Property Taxes
$403
HOA Dues
$31
Year Built
1976
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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 #11279230)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2022 | Listed by Keller Williams Signature | $270,000 | |
| Listed by Keller Williams Signature | |||
| | |||
|
Great location in Katy's well established Memorial Parkway subdivision. Nice and quiet place to live with sidewalks throughout the neighborhood. You have access to 2 neighborhood pools, parks, and the highly accredited KISD school district. Beautiful real wood flooring throughout the living and dining areas. French doors added to the living room which lead you into a spacious back yard. Nice brick fireplace with working gas logs. Huge garage with plenty of space. Double paned (energy saving) windows installed on 06/18. New electrical panel installed on 12/19. Never flooded or had broken/frozen water pipes. Conveniently located within 1 mile of Memorial Parkway Elementary, Junior High, and Taylor High School. This one won't last long!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Memorial Parkway
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Currently no similar homes aroundNearby Rentals
Listed by: Jake Welch, Keller Williams Signature
Last Updated: 4 months ago
Data Source: HAR , MLS# 11279230
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Last Updated: 4 months ago
Data Source: HAR , MLS# 11279230
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