$985,990
↓ $10K (1%)
●
House -
For Sale
2710 Merlin Way
Katy, TX 77493
4 Beds
4 Baths,
1
Half Bath
3,792 Ft²
$7,165
Est. Monthly
$187
HOA / Fees
About This Property
Exquisite Highland Home located in a GATED section of Cane Island!
This exceptional GEM features 3,792 sq/ft of pure luxury with
4 spacious bedrooms, each offering its own ensuite bath, plus a
convenient half bath! This spectacular home sits on one of the best
WATER views in all of Cane Island. From the moment you arrive,
you'll be captivated by the pristine landscaping, elegant water
fountain & massive IRON front door. Inside, rich wood flooring,
soaring ceilings with exposed wood beams & custom finishes create
an unforgettable first impression. The chef's kitchen opens
seamlessly to the spacious living and dining areas, while a
gameroom & media room provide flexible entertaining spaces. Step
outside to your own resort style retreat featuring approximately
2500sqft of decking, a sparkling pool, spa, expansive covered patio
& BREATHTAKING WATERFRONT views. A rare opportunity to own one of
Cane Island's premier waterfront homes! Please click the link for
more details of the property!
Unit Size
3,792 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$260
Property Type
House
Property Taxes
$2,136
HOA Dues
$187
Year Built
-
Listed By
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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: 2 months ago (HAR #39282171)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Price Decreased |
$985,990
↓ $10K
(1%) | |
| Price Decreased | |||
| Jul 29, 2026 | Price Decreased |
$995,990
↓ $34K
(3.3%) | |
| Price Decreased | |||
| Jul 20, 2026 | Price Decreased |
$1,029,990
↓ $45K
(4.2%) | |
| Price Decreased | |||
| Jul 4, 2026 | Listed by RE/MAX Grand | $1,075,000 | |
| Listed by RE/MAX Grand | |||
| Dec 30, 2019 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Oversized, Tandem, Garage Door Opener, Automatic Gate
Garage Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 4
Interior Features: High Ceilings, Vaulted Ceiling(s), Wired for Sound, En-Suite Bath, Primary Bed - 1st Floor, Walk-In Closet(s)
Appliances: ENERGY STAR Qualified Appliances, Water Heater, Disposal, Ice Maker, Refrigerator, Water Softener, Wine Refrigerator, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
Flooring Type: Tile, Wood
Laundry Features: Washer Hookup
Has Fireplace
Fireplace Features: Gas Log
Fireplaces: 1
Exterior Details
Square Footage: 3792
Architectural Style: Traditional
Year Built: 2019
Waterfront Features: Lake Front, Pond
Builder Name: Highland Homes
Building Area Total: 3792
Window Features: Window Coverings, Insulated/Low-E windows
Construction Materials: Spray Foam Insulation, Brick, Stone, Wood Siding
Patio and Porch Features: Covered, Patio, Porch
Pool Features: In Ground, Pool With Hot Tub Attached
Pool is Private
Lot Features: Back Yard, Subdivided, Waterfront, 1/4 Up to 1/2 Acre
Lot Size Area: 0.2938
Lot Size Units: Acres
Lot Size Acres: 0.2938
Lot Size Square Feet: 12797.928
Water Source: Water District
Financial Details
Tax Annual Amount: $25,636
Utilities Details
Cooling Type: Ceiling Fan(s), Electric, Zoned
Heating Type: Natural Gas, Zoned
Location Details
HOA/Condo/Coop Amenities: Basketball Court, Clubhouse, Dog Park, Fitness Center, Jogging Path, Park, Party Room, Picnic Area, Playground, Pool, Sport Court, Tennis Court(s), Trail(s), Controlled Access, Pond, Splash Pad
HOA Fee: $2,245
HOA Fee Frequency: Annually
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 Waller
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Currently no similar homes aroundNearby Rentals
Listed by: Timothy Clarkson, RE/MAX Grand
Last Updated: 2 months ago
Data Source: HAR , MLS# 39282171
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Last Updated: 2 months ago
Data Source: HAR , MLS# 39282171
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