$259,500 Last Listed Price
●
House -
Off Market
22707 Indian Ridge Dr
Katy, TX 77450
3 Beds
2 Baths
1,777 Ft²
$275,300
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
Wow, New 30-year roof & electrical panel installed Oct 2022, in
addition, other previous updates include, Double pane windows, back
sliding glass doors, Pex piping, plumbing fixtures, water heater,
toilets, disposal, dishwasher & more! * Fantastic 3 bed, 1 story in
highly desirable Cimarron * Unique entry, living, dining &
breakfast area all built around an incredible atrium with large
wall of windows to bring the outdoors in * Most all flooring is
tile or laminate * Spacious family room with tall ceiling and
floor-to-ceiling fireplace with custom built cabinets on both sides
* Fabulous formal dining is excellent for any holiday entertaining
* Wonderful kitchen offers plenty of cabinets & counter space
* Large primary suite with room for all your bedroom furniture &
adjacent bath area has his and hers vanities with nice walk-in
shower * Huge utility room * Quick access to I-10 & 99, as well as
shopping, restaurants, parks & schools * Make it your home or a
great investment property!
Unit Size
1,777 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$146
Property Type
House
Property Taxes
$350
HOA Dues
$39
Year Built
1978
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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 #61961706)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2022 | Sold | ||
| Sold | |||
| Oct 17, 2022 | Listed by RE/MAX Cinco Ranch | $259,500 | |
| Listed by RE/MAX Cinco Ranch | |||
| | |||
|
Wow, New 30-year roof & electrical panel installed Oct 2022, in addition, other previous updates include, Double pane windows, back sliding glass doors, Pex piping, plumbing fixtures, water heater, toilets, disposal, dishwasher & more! * Fantastic 3 bed, 1 story in highly desirable Cimarron * Unique entry, living, dining & breakfast area all built around an incredible atrium with large wall of windows to bring the outdoors in * Most all flooring is tile or laminate * Spacious family room with tall ceiling and floor-to-ceiling fireplace with custom built cabinets on both sides * Fabulous formal dining is excellent for any holiday entertaining * Wonderful kitchen offers plenty of cabinets & counter space * Large primary suite with room for all your bedroom furniture & adjacent bath area has his and hers vanities with nice walk-in shower * Huge utility room * Quick access to I-10 & 99, as well as shopping, restaurants, parks & schools * Make it your home or a great investment property!
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
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Sold On
Sold On
HOA + Taxes
About Cimarron
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Listed by: Rick Martinez, RE/MAX Cinco Ranch
Last Updated: 4 months ago
Data Source: HAR , MLS# 61961706
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Last Updated: 4 months ago
Data Source: HAR , MLS# 61961706
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