$274,000 Last Listed Price
●
House -
Off Market
23135 Tranquil Springs
Katy, TX 77494
3 Beds
2 Baths
$1,446
Est. Monthly
$100
HOA / Fees
About This Property
INVESTOR / PROPERTY DEVELOPER SPECIAL. This used to be a beautiful
3 bed 2 bath home. There was a fire in the attic and the house
burnt down. The framework is still in good condition, there is part
of the roof remaining - it needs to be fully rebuilt. It has been
cleared and is ready to construct. Excellent school district and
beautiful neighborhood. Desirable location! Send us your offers.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$100
Year Built
2006
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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 #18987264)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2025 | Listed by LPT Realty, LLC | $475,500 | |
| Listed by LPT Realty, LLC | |||
| | |||
|
Welcome to this beautiful 4 bedroom, 3 bath home located in the Seven Meadows Subdivision of Katy. This home combines modern elegance with timeless beauty that will be enjoyed for years to come. Walk seamlessly on the hardwood floors to the open kitchen that has a large island, wood shaker cabinets, quartz countertops, and stainless steel appliances. This home includes a home office with sound dampening insulation in the walls for added privacy. The exterior back wall of the master bedroom also has sound dampening insulation, this was installed for any concerns of noise from the nearby highway. The result is this home is quiet and peaceful! The master bathroom was designed to be an owner's retreat that brings tranquility and comfort to those in it. There is so much to enjoy in this home and its zoned to the best school districts in Katy! Don't miss out on this rare opportunity to make this dream home yours!
| |||
| May 11, 2025 | Price Decreased |
$485,500
↓ $12K
(2.4%) | |
| Price Decreased | |||
| Apr 11, 2025 | Price Decreased |
$497,500
↓ $43K
(7.9%) | |
| Price Decreased | |||
| Mar 9, 2025 | Listed | $540,000 | |
| Listed | |||
| | |||
|
Welcome to this beautiful 4 bedroom, 3 bath home located in the Seven Meadows Subdivision of Katy. This home combines modern elegance with timeless beauty that will be enjoyed for years to come. Walk seamlessly on the hardwood floors to the open kitchen that has a large island, wood shaker cabinets, quartz countertops, and stainless steel appliances. Champagne Bronze fixtures throughout the house add a timeless elegance and sophistication to the home. The master suite is spacious and has a spa inspired bathroom with a freestanding tub and walk in shower. The backlit LED mirrors, separated with a champagne bronze sconce light create a perfect place to get ready for your day. There is so much to enjoy in this home and unique features to mention, you should go check it out. Zoned to Katy ISD, the best schools in Katy, it is perfect for families who take priority in where their kids go to school. Don't miss out on the rare opportunity to make this dream home yours.
| |||
| Jun 21, 2024 | Sold | ||
| Sold | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Seven Meadows
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Listed by: Harriet Mourton, Blair Realty Group
Last Updated: 6 months ago
Data Source: HAR , MLS# 18987264
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Last Updated: 6 months ago
Data Source: HAR , MLS# 18987264
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