$1,400,000 Last Listed Price
●
House -
Off Market
2703 Rainflower Meadow Lane
Katy, TX 77494
5 Beds
4 Baths
5,000 Ft²
$1,394,792
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Magnificent Mediterranean style home with a fabulous courtyard with
fireplace, private pool/spa, and stunning lake view located in the
prestigious gated community of Avalon at Spring Green zoned to
award winning Katy ISD schools. Step through this stunning home
adorned with a sweeping staircase and soaring ceilings. Host
elegant dinners in the formal dining with fireplace and a wall of
windows overlooking the lake. Private study with courtyard view.
Open concept family and the gourmet kitchen, a culinary masterpiece
which features a pot filler, high end appliances and plenty of
storage. Your personal retreat in the primary suite. 3 bedrooms
downstairs, 3 baths and study, 2 bedrooms upstairs with 2 baths, a
media room and gameroom that open to a balcony with a breath-taking
view. Dual staircase. 3 car garage. Large covered patio and pergola
with travertine floor, inviting pool/spa and outdoor kitchen makes
this house the ultimate entertaining home. Great location, easy
access to I-10.
Unit Size
5,000 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$280
Property Type
House
Property Taxes
$1,942
HOA Dues
$138
Year Built
2016
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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 #45905475)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2023 | Sold | ||
| Sold | |||
| Sep 15, 2023 | Listed by RE/MAX Cinco Ranch | $1,400,000 | |
| Listed by RE/MAX Cinco Ranch | |||
| | |||
|
Magnificent Mediterranean style home with a fabulous courtyard with fireplace, private pool/spa, and stunning lake view located in the prestigious gated community of Avalon at Spring Green zoned to award winning Katy ISD schools. Step through this stunning home adorned with a sweeping staircase and soaring ceilings. Host elegant dinners in the formal dining with fireplace and a wall of windows overlooking the lake. Private study with courtyard view. Open concept family and the gourmet kitchen, a culinary masterpiece which features a pot filler, high end appliances and plenty of storage. Your personal retreat in the primary suite. 3 bedrooms downstairs, 3 baths and study, 2 bedrooms upstairs with 2 baths, a media room and gameroom that open to a balcony with a breath-taking view. Dual staircase. 3 car garage. Large covered patio and pergola with travertine floor, inviting pool/spa and outdoor kitchen makes this house the ultimate entertaining home. Great location, easy access to I-10.
| |||
Property Highlights
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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HOA + Taxes
About Fort Bend
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Listed by: Eneida Adrianza, RE/MAX Cinco Ranch
Last Updated: 5 months ago
Data Source: HAR , MLS# 45905475
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Last Updated: 5 months ago
Data Source: HAR , MLS# 45905475
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