$348,900 Last Listed Price
●
House -
Off Market
22923 Rainbow Bend Lane
Katy, TX 77450
4 Beds
2 Baths,
1
Half Bath
2,448 Ft²
$346,724
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Welcome home to this 4-bedroom 2 and half bathroom home located in
the master planned community of Cinco Ranch. This spacious home is
located on a quiet street near amenities. The entryway leads you
towards the formal living and dining area. The kitchen opens to the
breakfast area and family room with gas fireplace. The laundry room
is located on the first floor. Roof installed 2022, refrigerator,
washer dryer included. The spacious primary bedroom has room for a
sitting area or desk. The primary bathroom features a soaking tub
and separate shower. The secondary bedrooms and bathroom are
spacious and allow room to grow. Come visit this large home in a
well-established neighborhood with mature trees and room to grow,
as well as a great commute.
Unit Size
2,448 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$143
Property Type
House
Property Taxes
$556
HOA Dues
$108
Year Built
1994
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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 #75906225)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2023 | Sold | ||
| Sold | |||
| Jul 1, 2023 | Listed by Coldwell Banker RealtyCy-Fair Office | $348,900 | |
| Listed by Coldwell Banker RealtyCy-Fair Office | |||
| | |||
|
Welcome home to this 4-bedroom 2 and half bathroom home located in the master planned community of Cinco Ranch. This spacious home is located on a quiet street near amenities. The entryway leads you towards the formal living and dining area. The kitchen opens to the breakfast area and family room with gas fireplace. The laundry room is located on the first floor. Roof installed 2022, refrigerator, washer dryer included. The spacious primary bedroom has room for a sitting area or desk. The primary bathroom features a soaking tub and separate shower. The secondary bedrooms and bathroom are spacious and allow room to grow. Come visit this large home in a well-established neighborhood with mature trees and room to grow, as well as a great commute.
| |||
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kourtney Walker, Coldwell Banker RealtyCy-Fair Office
Last Updated: 4 months ago
Data Source: HAR , MLS# 75906225
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Last Updated: 4 months ago
Data Source: HAR , MLS# 75906225
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