26
Map
$470,000 Last Listed Price
●
House -
Off Market
23334 Fairbranch Drive
Katy, TX 77494
4 Beds
3 Baths
2,776 Ft²
$3,243
Est. Monthly
$129
HOA / Fees
About This Property
Welcome to 23334 Fairbranch Dr, a beautifully maintained Village
Builders residence in the established Greenway Village community of
Cinco Ranch. This two-story home offers peace of mind with
extensive recent updates, including a new roof, two new HVAC units,
two new water heaters and an electrical system upgraded for EV
charging. The light-filled interior has been refreshed with new
interior and exterior painting. The layout features a cozy family
room with a gas log fireplace that opens to the kitchen, a
secondary bedroom downstairs, and a spacious upstairs gameroom. Key
updates continue in the kitchen with a new dishwasher and cooktop.
The first-floor Primary Suite serves as a private retreat with a
sitting area and direct access to your ensuite bath. Situated on a
lot with mature live oak trees and a clean backyard with a
sprinkler system. This home is just a short walk from the
elementary school in Katy ISD and community amenities. Call us and
schedule your private tour today!
Unit Size
2,776 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$169
Property Type
House
Property Taxes
$806
HOA Dues
$129
Year Built
1996
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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 #76862234)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| May 6, 2026 | Listed by Compass RE Texas, LLC - West Houston | $470,000 | |
| Listed by Compass RE Texas, LLC - West Houston | |||
| Aug 9, 2025 | Price Decreased |
$474,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jul 10, 2025 | Listed | $479,000 | |
| Listed | |||
| | |||
|
REMARKABLE 4-Bedroom, 3-Bathroom home in sought-after Greenway Village of Cinco Ranch. Open Floorplan is designed for entertaining & everyday living, featuring high ceilings, abundant natural light, and a cozy fireplace in the living room. Kitchen includes a large Center Island, Ample Cabinetry, and a good size Dining Area. Expansive Primary Bedroom w/Spa-like bathroom w/ Soaking Tub, Separate Shower, Dual Vanities, & Nice size Walk-in Closet. One additional Bedroom & Full Bathroom down, w/ Game room, 2 bedrooms & 1 full Bath up. A private backyard & Oversized Detached Garage provide extra Storage. Located in Award-winning Katy ISD, within walking distance of Fielder Elem. Minutes to Cinco Ranch Golf Club, Community Pools, Parks, and Walking Trails. Easy access to Grand Pkwy, I-10, Westpark. Close to shopping, dining, and entertainment at LaCenterra. Water Heaters (Both, 2025), Garage Door Spring/Opener (2024), HVAC (Both, 2024), Electric Cooktop and Dishwasher (May 2024), Roof (2023)
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cinco Ranch
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Listed by: Jamie McMartin, Compass RE Texas, LLC - West Houston
Last Updated: 4 months ago
Data Source: HAR , MLS# 76862234
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Last Updated: 4 months ago
Data Source: HAR , MLS# 76862234
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