$195,000 Last Listed Price
●
House -
Off Market
21402 Park Royale Drive
Katy, TX 77450
4 Beds
2 Baths,
1
Half Bath
2,795 Ft²
$214,833
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
INVESTORS, HERE IS ANOTHER MONEY MAKER IN A FANTASTIC NEIGHBORHOOD
WITH LOTS OF UPSWING AND NEAR SHOPPING, SCHOOLS, I-10 & GRAND PKWY
* THIS IS A GREAT 4 BEDROOM, 2.5 BATH WITH THE PRIMARY DOWN AND A 2
CAR DETACHED GARAGE ON A NEARLY 9,000 SQFT LOT * THE HOME DOES NEED
SOME TLC AND HAS AN IN GROUND POOL THAT WILL NEED TO BE REMOVED *
FORMAL LIVING COULD MAKE A NICE IN HOME OFFICE OR STUDY * BIG
FORMAL DINING WITH CROWN MOLDING AND BAY WINDOW * KITCHEN DOES
OFFER SOME REDESIGNING OPTIONS * BIG FAMILY ROOM WITH WOOD BURNING
FIREPLACE * LARGE PRIMARY BEDROOM DOWN WITH ACCESS TO BACK YARD &
NICE SIZE BATH ARE INCLUDING A HUGE WALK-IN CLOSET * THREE BEDROOMS
UP OFFER PLENTY OF SPACE ALONG WITH A FULL BATH * 1/2 BATH OFF
UTILITY AREA DOWN STAIRS * LOTS OF BACK YARD SPACE COULD MAKE A
NICE AREA FOR KIDS, PETS OR OUTDOOR ENTERTAINING * HOME IS BEING
SOLD "AS-IS", NO REPAIRS WILL BE DONE.
Unit Size
2,795 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$70
Property Type
House
Property Taxes
$440
HOA Dues
$31
Year Built
1978
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Cap Rate Calculator
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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 #9171288)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2021 | Sold | ||
| Sold | |||
| Nov 15, 2021 | Listed by RE/MAX Cinco Ranch | $195,000 | |
| Listed by RE/MAX Cinco Ranch | |||
| | |||
|
INVESTORS, HERE IS ANOTHER MONEY MAKER IN A FANTASTIC NEIGHBORHOOD WITH LOTS OF UPSWING AND NEAR SHOPPING, SCHOOLS, I-10 & GRAND PKWY * THIS IS A GREAT 4 BEDROOM, 2.5 BATH WITH THE PRIMARY DOWN AND A 2 CAR DETACHED GARAGE ON A NEARLY 9,000 SQFT LOT * THE HOME DOES NEED SOME TLC AND HAS AN IN GROUND POOL THAT WILL NEED TO BE REMOVED * FORMAL LIVING COULD MAKE A NICE IN HOME OFFICE OR STUDY * BIG FORMAL DINING WITH CROWN MOLDING AND BAY WINDOW * KITCHEN DOES OFFER SOME REDESIGNING OPTIONS * BIG FAMILY ROOM WITH WOOD BURNING FIREPLACE * LARGE PRIMARY BEDROOM DOWN WITH ACCESS TO BACK YARD & NICE SIZE BATH ARE INCLUDING A HUGE WALK-IN CLOSET * THREE BEDROOMS UP OFFER PLENTY OF SPACE ALONG WITH A FULL BATH * 1/2 BATH OFF UTILITY AREA DOWN STAIRS * LOTS OF BACK YARD SPACE COULD MAKE A NICE AREA FOR KIDS, PETS OR OUTDOOR ENTERTAINING * HOME IS BEING SOLD "AS-IS", NO REPAIRS WILL BE DONE.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Memorial Parkway
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Listed by: Rick Martinez, RE/MAX Cinco Ranch
Last Updated: 4 months ago
Data Source: HAR , MLS# 9171288
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Last Updated: 4 months ago
Data Source: HAR , MLS# 9171288
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