$525,000 Last Listed Price
●
House -
Off Market
22615 Water Edge Lane
Katy, TX 77494
4 Beds
3 Baths,
1
Half Bath
2,939 Ft²
$548,555
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
Trendmaker classic on greenbelt path w/pool/spa in highly desired
Grand Lakes zoned to coveted Alexander/Beckendorff/Seven Lakes
school trac! Beautiful stone/brick elevation w/shutters/coachlamps
& towering well maintained oaks/crepe myrtles. NEW carpet Nov 2020.
Recent wood floors, range, pool heater & pump. Leaded glass front
dr opens to tile entry. Formal dining w/rope lighting & study/home
office. Large 2 story family room w/built ins, gas log FP. Large
primary BR w/dual reading lights plus lux primary bath w/jetted
tub/hand sprayer. Gameroom & 3 large BRs up including guest room
w/bath ensuite. Spacious kitchen w/raised LG dishwasher, "appliance
garage" w/outlet, window looking out on park/greenbelt. Extras such
as keyless entry, bookbag rack, laundry chute, wall safe in primary
closet, oversized garage w/golf cart parking or room for workshop!
Extra storage under stairs & walkin attic. Low tax rate! Walk to
lakes, park, pool, Whole Foods. NO FLOODING!
Unit Size
2,939 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$179
Property Type
House
Property Taxes
$742
HOA Dues
$88
Year Built
2001
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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: 6 months ago (HAR #16074666)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Oct 25, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed by HomeSmart | $575,000 | |
| Listed by HomeSmart | |||
| | |||
|
Welcome to this stunning two-story home in the sought-after Grand Lakes community. Featuring a beautiful stone/brick exterior with charming shutters and coach lamps, this property is nestled along a greenbelt path, complete with a pool and spa. Inside, you'll find rich wood flooring, a formal dining room with rope lighting, a spacious family room with a gas log fireplace, and a luxurious primary bedroom with a jetted tub. The kitchen boasts raised LG dishwasher and a window overlooking the greenbelt. With a gameroom, guest suite, and plenty of extras like a laundry chute and wall safe, this home has it all. Just a short walk to lakes, parks, and restaurants, plus easy access to major roadways.
| |||
| Feb 13, 2023 | Sold | ||
| Sold | |||
| Nov 11, 2022 | Listed by Keller Williams Premier RealtyKaty | $525,000 | |
| Listed by Keller Williams Premier RealtyKaty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Grand Lakes
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Listed by: Christopher Hiller, Keller Williams Premier RealtyKaty
Last Updated: 6 months ago
Data Source: HAR , MLS# 16074666
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Last Updated: 6 months ago
Data Source: HAR , MLS# 16074666
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