$465,000 Last Listed Price
●
House -
Off Market
23301 Oriole Sky Way
Katy, TX 77493
5 Beds
3 Baths,
1
Half Bath
4,140 Ft²
$2,333
Est. Monthly
$50
HOA / Fees
About This Property
Welcome home to Morton Creek Ranch! Home equipped with solar panels
that will save your electricity bill!Enter through the front door
to be greeted by engineered wood flooring and private office space
with rays of natural lighting. Formal gathering area features
soaring high ceilings, gas log fireplace with stone mantle. Chefs
kitchen is complete with granite counter tops, gas cook top and
stone tiled flooring finished with stone backsplash. The primary
suite is complete with a spacious bathroom, oversized soaking tub,
and separate shower with a large walk in closet. The powder room is
located on the ground level while the upstairs features: four
bedrooms, two bathrooms, private balcony, game room and media room.
Relax with a glass of wine in your private backyard with no back
neighbors. This gem is walking distance to the splash
pad. Zoned to highly-desired Katy ISD and conveniently located
close to Target, Costco, Katy Mills, La Centerra at Cinco Ranch
Unit Size
4,140 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$112
Property Type
House
Property Taxes
-
HOA Dues
$50
Year Built
2016
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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 #85286935)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jun 23, 2024 | In contract | - | |
| In contract | |||
| Jun 5, 2024 | Listed by HomeSmart | $465,000 | |
| Listed by HomeSmart | |||
| Mar 14, 2022 | Sold | ||
| Sold | |||
| Feb 7, 2022 | Listed by Nan & Company Properties | $430,000 | |
| Listed by Nan & Company Properties | |||
| | |||
|
OPEN HOUSE, Saturday, Feb 12th from 12-3PM! Welcome home to Morton Creek Ranch! Enter through the front door to be greeted by engineered wood flooring and private office space with rays of natural lighting. Formal gathering area features soaring high ceilings, gas log fireplace with stone mantle. Chefs kitchen is complete with granite counter tops, gas cook top and stone tiled flooring finished with stone backsplash. The primary suite is complete with a spacious bathroom, oversized soaking tub, and separate shower with a large walk in closet. The powder room is located on the ground level while the upstairs features: four bedrooms, two bathrooms, private balcony, game room and media room. Relax with a glass of wine in your private backyard and enjoy the luscious detailed landscaping with no back neighbors. This gem is walking distance to the splash pad. Multiple offers received. HIGHEST and BEST due by Saturday!
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Harris
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Listed by: Jzessika Lee, HomeSmart
Last Updated: 4 months ago
Data Source: HAR , MLS# 85286935
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Last Updated: 4 months ago
Data Source: HAR , MLS# 85286935
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