$360,000 Last Listed Price
●
House -
Off Market
2403 Slate Ridge Lane
Katy, TX 77494
4 Beds
2 Baths
2,194 Ft²
$358,661
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Welcome Home! 2403 Slate Ridge Lane is conveniently located in the
well-established neighborhood of Falcon Ranch. Enjoy proximity to
commuter routes, shopping and dining, while also benefitting from
the mature trees and neighborhood amenities of this desirable
location. Falcon Ranch boasts a pool, splash pad, parks, tennis
courts, and access pedestrian access to hike & bike trails for
outdoor enthusiasts. This charming home with no carpet features 4
bedrooms, a flex space for a home office or playroom, large dining
room, and a living room with space for even the largest sectional
or multiple conversation areas. Don't miss the walk-in pantry with
custom touches that set it apart from the competition! The split
floorplan provides maximum privacy for the owners' suite, which
overlooks the backyard with a covered, stamped concrete patio and
raised gardening beds. The secondary bedrooms have their own
dedicated hall with archways and full bath. AC is 2 years new!
Unit Size
2,194 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$164
Property Type
House
Property Taxes
$741
HOA Dues
$50
Year Built
2005
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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 #58151730)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by Keller Williams Premier RealtyKaty | $360,000 | |
| Listed by Keller Williams Premier RealtyKaty | |||
| | |||
|
Welcome Home! 2403 Slate Ridge Lane is conveniently located in the well-established neighborhood of Falcon Ranch. Enjoy proximity to commuter routes, shopping and dining, while also benefitting from the mature trees and neighborhood amenities of this desirable location. Falcon Ranch boasts a pool, splash pad, parks, tennis courts, and access pedestrian access to hike & bike trails for outdoor enthusiasts. This charming home with no carpet features 4 bedrooms, a flex space for a home office or playroom, large dining room, and a living room with space for even the largest sectional or multiple conversation areas. Don't miss the walk-in pantry with custom touches that set it apart from the competition! The split floorplan provides maximum privacy for the owners' suite, which overlooks the backyard with a covered, stamped concrete patio and raised gardening beds. The secondary bedrooms have their own dedicated hall with archways and full bath. AC is 2 years new!
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Falcon Ranch
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Listed by: Andrea Smith, Keller Williams Premier RealtyKaty
Last Updated: 4 months ago
Data Source: HAR , MLS# 58151730
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Last Updated: 4 months ago
Data Source: HAR , MLS# 58151730
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