$1,500,000 Last Listed Price
●
House -
Off Market
2427 Bailey Ridge Lane
Katy, TX 77494
5 Beds
5 Baths,
1
Half Bath
6,229 Ft²
$9,700
Est. Monthly
$121
HOA / Fees
About This Property
Immaculately updated Toll Brothers home in gated community. Home
boasts gorgeous stucco exterior w/tile roof & circular driveway.
Upon entry you are greeted by wood floors, custom white wood panel,
& winding staircase w/views of the outdoor oasis. Office & dining
room off of entry. Family room w/fireplace w/tile to the ceiling &
sliding doors that open fully. Kitchen w/Artisan finish granite
island, ample cabinet & counter space, wine fridge, & walk-in
pantry. Custom built wine grotto off of dining room is tucked under
the second stairway. Primary bed down w/ensuite bath w/double
sinks, vanity, jetted tub, & walk-in tile shower. Second bed down
w/ensuite bath. 2 of 3 beds up have ensuite bath. 3rd bed up w/bath
that is shared w/the oversized game room. Media room fully finished
w/surround sound. Outdoor oasis w/pool, spa, outdoor bathroom,
ample grass, & covered patio. Sunken outdoor kitchen w/grill, gas
burner, bar seating, built in kegerator, & fridge. 3 car garage &
Generator!
Unit Size
6,229 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$241
Property Type
House
Property Taxes
$2,213
HOA Dues
$121
Year Built
2018
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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 #95339227)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 17, 2024 | Sold | ||
| Sold | |||
| May 8, 2024 | In contract | - | |
| In contract | |||
| Apr 27, 2024 | Listed by eXp Realty LLC | $1,500,000 | |
| Listed by eXp Realty LLC | |||
| | |||
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Immaculately updated Toll Brothers home in gated community. Home boasts gorgeous stucco exterior w/tile roof & circular driveway. Upon entry you are greeted by wood floors, custom white wood panel, & winding staircase w/views of the outdoor oasis. Office & dining room off of entry. Family room w/fireplace w/tile to the ceiling & sliding doors that open fully. Kitchen w/Artisan finish granite island, ample cabinet & counter space, wine fridge, & walk-in pantry. Custom built wine grotto off of dining room is tucked under the second stairway. Primary bed down w/ensuite bath w/double sinks, vanity, jetted tub, & walk-in tile shower. Second bed down w/ensuite bath. 2 of 3 beds up have ensuite bath. 3rd bed up w/bath that is shared w/the oversized game room. Media room fully finished w/surround sound. Outdoor oasis w/pool, spa, outdoor bathroom, ample grass, & covered patio. Sunken outdoor kitchen w/grill, gas burner, bar seating, built in kegerator, & fridge. 3 car garage & Generator!
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Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Katy
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Listed by: Mary Watts, eXp Realty LLC
Last Updated: 6 months ago
Data Source: HAR , MLS# 95339227
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Last Updated: 6 months ago
Data Source: HAR , MLS# 95339227
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