$775,000 Last Listed Price
●
House -
Off Market
22502 Downdale Circle
Katy, TX 77450
5 Beds
4 Baths,
1
Half Bath
4,380 Ft²
$4,985
Est. Monthly
$100
HOA / Fees
About This Property
Welcome to your dream home! 2.08% Tax Rate. This two-story oasis
boasts 5-6 spacious bedrooms, Office nook on the first floor for
work-from-home convenience. Primary Bedroom is in the second floor.
The main level seamlessly integrates the living, dining, and
kitchen areas, perfect for entertaining. Step outside to the
covered reinforced patio/pergola featuring a cozy fire pit, an
outdoor kitchen, and a refreshing pool for ultimate relaxation.
Tankless water heater, whole home water filtration, water softener
and recently upgraded A/C and furnaces. This home offers luxury and
comfort, blending indoor and outdoor living effortlessly. Located
in a secluded Cul-De-Sac. Zoned to Williams Elementary, Beck Junior
High and Cinco Ranch High.
Close shopping, dining and to Cinco Ranch Golf Club.
Close shopping, dining and to Cinco Ranch Golf Club.
Unit Size
4,380 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$177
Property Type
House
Property Taxes
$1,079
HOA Dues
$100
Year Built
1999
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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: 5 months ago (HAR #36198908)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by Compass RE Texas, LLC - Katy | $775,000 | |
| Listed by Compass RE Texas, LLC - Katy | |||
| | |||
|
Welcome to your dream home! 2.08% Tax Rate. This two-story oasis boasts 5-6 spacious bedrooms, Office nook on the first floor for work-from-home convenience. Primary Bedroom is in the second floor. The main level seamlessly integrates the living, dining, and kitchen areas, perfect for entertaining. Step outside to the covered reinforced patio/pergola featuring a cozy fire pit, an outdoor kitchen, and a refreshing pool for ultimate relaxation. Tankless water heater, whole home water filtration, water softener and recently upgraded A/C and furnaces. This home offers luxury and comfort, blending indoor and outdoor living effortlessly. Located in a secluded Cul-De-Sac. Zoned to Williams Elementary, Beck Junior High and Cinco Ranch High.
Close shopping, dining and to Cinco Ranch Golf Club.
| |||
| Jul 5, 2024 | No longer available | - | |
| No longer available | |||
| May 14, 2024 | Price Decreased |
$799,900
↓ $28K
(3.3%) | |
| Price Decreased | |||
Show More
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 Cinco Ranch
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Listed by: Javier Tello, Compass RE Texas, LLC - Katy
Last Updated: 5 months ago
Data Source: HAR , MLS# 36198908
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Last Updated: 5 months ago
Data Source: HAR , MLS# 36198908
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