$450,000 Last Listed Price
●
House -
Off Market
22815 Rachels Manor Drive
Katy, TX 77494
4 Beds
3 Baths,
1
Half Bath
3,626 Ft²
$559,564
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
OPEN HOUSE CANCELLED. Sparkling jewel in the heart of Cinco Ranch!
You will be amazed by this beautiful, updated home near
schools, shopping, restaurants and YMCA! The home is 3626 SF and
features an open concept floor plan with formal dining room, large
study with french glass doors, gourmet kitchen, soaring two story
ceilings, perfectly updated bathrooms, gleaming hardood floors, 4
bedrooms and a media room which could also serve as 5th bedroom or
second study. Neutral and pleasing colors throughout. Oversized
laundry room! Oversized 3 car garage. Water softener
and reverse osmosis at kitchen. Spacious back yard with plenty of
room for your pool. You be near Bayou hike/bike paths and have full
use of the many Cinco Ranch amenities. Conveniently located
east of 99 close to all major commuter routes. Pride of ownership
really shows in this immaculate and beautiful home.
Unit Size
3,626 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$124
Property Type
House
Property Taxes
$800
HOA Dues
$93
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: 5 months ago (HAR #75755627)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2021 | Sold | ||
| Sold | |||
| Jan 21, 2021 | Listed by BHGRE Gary Greene | $450,000 | |
| Listed by BHGRE Gary Greene | |||
| | |||
|
OPEN HOUSE CANCELLED. Sparkling jewel in the heart of Cinco Ranch! You will be amazed by this beautiful, updated home near schools, shopping, restaurants and YMCA! The home is 3626 SF and features an open concept floor plan with formal dining room, large study with french glass doors, gourmet kitchen, soaring two story ceilings, perfectly updated bathrooms, gleaming hardood floors, 4 bedrooms and a media room which could also serve as 5th bedroom or second study. Neutral and pleasing colors throughout. Oversized laundry room! Oversized 3 car garage. Water softener and reverse osmosis at kitchen. Spacious back yard with plenty of room for your pool. You be near Bayou hike/bike paths and have full use of the many Cinco Ranch amenities. Conveniently located east of 99 close to all major commuter routes. Pride of ownership really shows in this immaculate and beautiful home.
| |||
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
Status
Type
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Baths
ft²
Price/ft²
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Listed On
Listed On
Closing Price
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Sold On
HOA + Taxes
About Cinco Ranch
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Mary Kiesewetter, BHGRE Gary Greene
Last Updated: 5 months ago
Data Source: HAR , MLS# 75755627
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Last Updated: 5 months ago
Data Source: HAR , MLS# 75755627
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