23015 Lanham Drive
About This Property
Moreover, this property falls within the boundaries of a top-rated school district, providing peace of mind for families seeking an excellent education for their children. With its move-in ready status and family-friendly amenities, this home offers an outstanding opportunity for those looking for a comfortable and convenient living environment that caters to the needs of the whole family.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Sep 29, 2023 | Listed by Texas Ally Real Estate Group, | $340,000 | |
| Listed by Texas Ally Real Estate Group, | |||
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This well-maintained Katy home is in fantastic condition and enjoys a prime location with convenient access to highways 99 and I-10, making daily commuting a breeze. One of its standout features is the spacious and thoughtfully updated backyard, offering plenty of room for family activities, relaxation, and outdoor gatherings.
Moreover, this property falls within the boundaries of a top-rated school district, providing peace of mind for families seeking an excellent education for their children. With its move-in ready status and family-friendly amenities, this home offers an outstanding opportunity for those looking for a comfortable and convenient living environment that caters to the needs of the whole family.
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| Oct 8, 2021 | Sold | ||
| Sold | |||
| Sep 1, 2021 | Listed by Hovis Properties | $299,900 | |
| Listed by Hovis Properties | |||
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Move-in ready home nestled in a mature neighborhood in Katy. GREAT LOCATION with quick and easy access to Hwy 99 and I-10, shopping, entertainment and the brand new University of Houston campus. Home has a 2nd story apartment that can be converted to a private apartment with a private entry. Apartment has 1 bedroom, 2 walk-in closets, 1 study/home office, 1 full bath, kitchenette and large sitting area. Can be used as a nanny/caretaker suite.
Room dimensions and school information should be verified independently. Window seats in master bedroom are not built-in but they will convey.
Have to see for yourself to take in all the details including shady backyard, fruit trees such as fig and pecan and a relaxing place you can call home.
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About Governors Place
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Last Updated: 5 months ago
Data Source: HAR , MLS# 73821212
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