$1,350,000 Last Listed Price
●
House -
Off Market
26502 Willow Lane
Katy, TX 77494
4 Beds
2 Baths,
2
Half Baths
3,379 Ft²
$7,588
Est. Monthly
About This Property
Situated on 2.27 acres of land, this property offers the perfect
blend of space and flexibility. With no restrictions, the
possibilities are endless-whether you're looking for a residential
retreat, a prime location for a commercial venture, or a
combination of both. The home features 4 bedrooms, 2 baths, and 2
half baths, providing ample living space. Additionally, the
property features an office space with 2 rooms which is a perfect
setup for running a business from home, offering separate
workspaces and amenities to accommodate your professional needs.
Step outside and you'll be greeted by the expansive grounds with
mature trees and a large workshop in the backyard. With no HOA or
deed restrictions, you have the freedom to customize the property
to suit your vision. Whether you're interested in residential
living or commercial development, this property offers endless
potential. Don't miss out on this rare opportunity and schedule
your showing today!
Unit Size
3,379 Ft²
Days on Market
-
Land Size
2.27 acres
Price per sqft
$400
Property Type
House
Property Taxes
$959
HOA Dues
-
Year Built
1979
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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 #48603606)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2024 | Sold | ||
| Sold | |||
| May 26, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Katy | $1,350,000 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Katy | |||
| | |||
|
Situated on 2.27 acres of land, this property offers the perfect blend of space and flexibility. With no restrictions, the possibilities are endless-whether you're looking for a residential retreat, a prime location for a commercial venture, or a combination of both. The home features 4 bedrooms, 2 baths, and 2 half baths, providing ample living space. Additionally, the property features an office space with 2 rooms which is a perfect setup for running a business from home, offering separate workspaces and amenities to accommodate your professional needs. Step outside and you'll be greeted by the expansive grounds with mature trees and a large workshop in the backyard. With no HOA or deed restrictions, you have the freedom to customize the property to suit your vision. Whether you're interested in residential living or commercial development, this property offers endless potential. Don't miss out on this rare opportunity and schedule your showing today!
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Fort Bend
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Listed by: Kevin Hansel, Better Homes and Gardens Real Estate Gary Greene - Katy
Last Updated: 4 months ago
Data Source: HAR , MLS# 48603606
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Last Updated: 4 months ago
Data Source: HAR , MLS# 48603606
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