$515,000 Last Listed Price
●
House -
Off Market
2437 Fawnlake Circle
Katy, TX 77493
5 Beds
3 Baths,
1
Half Bath
3,109 Ft²
$2,575
Est. Monthly
$46
HOA / Fees
About This Property
Welcome to this stunning 5-bedroom, 3.5-bath lake front home that
perfectly blends style and comfort. Step inside to a two story
foyer where your immediate view leads directly to the pool and
lake. The first floor provides a formal dining, spacious
living room and well appointed kitchen. The primary bedroom is
conveniently located on the main floor, overlooking both the pool
and lake, featuring a luxurious en-suite with a jetted tub, walk-in
shower, dual vanities and his & hers walk-in closets. Upstairs,
enjoy an oversized game room, that splits the remaining 4 bedrooms
and 2 baths evenly on each side of the game room. This home
is ideal for entertaining with the beautiful, expansive backyard
outdoor oasis with a large covered patio, a sparkling in-ground
pool with rock waterfall feature and a view of the of neighborhood
lake. You cannot ask for a more picturesque outdoor setting,
perfect for relaxing and entertaining. Upstairs has all brand new
carpet, installed October 2024.
Unit Size
3,109 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$166
Property Type
House
Property Taxes
-
HOA Dues
$46
Year Built
2011
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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 #89305558)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Feb 6, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2024 | Listed by Compass RE Texas, LLC - The Woodlands | $515,000 | |
| Listed by Compass RE Texas, LLC - The Woodlands | |||
| | |||
|
Welcome to this stunning 5-bedroom, 3.5-bath lake front home that perfectly blends style and comfort. Step inside to a two story foyer where your immediate view leads directly to the pool and lake. The first floor provides a formal dining, spacious living room and well appointed kitchen. The primary bedroom is conveniently located on the main floor, overlooking both the pool and lake, featuring a luxurious en-suite with a jetted tub, walk-in shower, dual vanities and his & hers walk-in closets. Upstairs, enjoy an oversized game room, that splits the remaining 4 bedrooms and 2 baths evenly on each side of the game room. This home is ideal for entertaining with the beautiful, expansive backyard outdoor oasis with a large covered patio, a sparkling in-ground pool with rock waterfall feature and a view of the of neighborhood lake. You cannot ask for a more picturesque outdoor setting, perfect for relaxing and entertaining. Upstairs has all brand new carpet, installed October 2024.
| |||
Property Highlights
Fireplace
Garage
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
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Katy
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Listed by: Kristin Carter, Compass RE Texas, LLC - The Woodlands
Last Updated: 4 months ago
Data Source: HAR , MLS# 89305558
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Last Updated: 4 months ago
Data Source: HAR , MLS# 89305558
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