$899,999 Last Listed Price
●
House -
Off Market
2627 Merlin Way
Katy, TX 77493
5 Beds
4 Baths,
1
Half Bath
4,178 Ft²
$6,498
Est. Monthly
$169
HOA / Fees
About This Property
Welcome home to 2627 Merlin Way! This luxurious 2 story Starling
Heights home is decked out with a 4 car garage and is located on a
corner lot and is perfect for a pool! With high ceilings in the
family room & kitchen, a high-end chef's kitchen for the culinary
enthusiast, a dedicated office with custom built ins, game room,
and a media room, there is ample space to accommodate work and
play! You'll love all the features this home has to offer including
custom paint, designated coffee bar, huge primary suite, and
oversized covered patio perfect for indoor/outdoor living with a
full outdoor kitchen and custom shades. Cane Island is conveniently
located near i10, shopping, and dining, and offers luxurious
amenities such as a neighborhood restaurant, resort style-pool and
lap pool, green house, neighborhood gym, plus numerous walking
trails! Zoned to Katy ISD. Come schedule your private showing
today!
Unit Size
4,178 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$215
Property Type
House
Property Taxes
$1,910
HOA Dues
$169
Year Built
-
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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: 5 months ago (HAR #40729517)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Jan 3, 2024 | In contract | - | |
| In contract | |||
| Dec 27, 2023 | Relisted | $899,999 | |
| Relisted | |||
| Dec 26, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Dec 16, 2023 | Listed by Natalie Tye, Broker | $899,999 | |
| Listed by Natalie Tye, Broker | |||
| | |||
|
Welcome home to 2627 Merlin Way! This luxurious 2 story Starling Heights home is decked out with a 4 car garage and is located on a corner lot and is perfect for a pool! With high ceilings in the family room & kitchen, a high-end chef's kitchen for the culinary enthusiast, a dedicated office with custom built ins, game room, and a media room, there is ample space to accommodate work and play! You'll love all the features this home has to offer including custom paint, designated coffee bar, huge primary suite, and oversized covered patio perfect for indoor/outdoor living with a full outdoor kitchen and custom shades. Cane Island is conveniently located near i10, shopping, and dining, and offers luxurious amenities such as a neighborhood restaurant, resort style-pool and lap pool, green house, neighborhood gym, plus numerous walking trails! Zoned to Katy ISD. Come schedule your private showing today!
| |||
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Property Highlights
Garage
Fireplace
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Status
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Waller
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Listed by: Natalie Tye, Natalie Tye, Broker
Last Updated: 5 months ago
Data Source: HAR , MLS# 40729517
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Last Updated: 5 months ago
Data Source: HAR , MLS# 40729517
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