$1,420,000 Last Listed Price
●
House -
Off Market
27411 Myrtle Lake Lane
Katy, TX 77494
5 Beds
5 Baths,
1
Half Bath
4,925 Ft²
$1,641,188
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Rare opportunity to own Custom Tommy Bailey home in cul de sac in
prestigious gated Reserve at Spring Lake in Cinco Ranch.
Resort-like outdoor living on lakefront lot to enjoy spectacular
sunsets. Gorgeous stone & stucco elevation. Extended paved covered
patio with fireplace. Meticulously maintained luxury home features
5 ensuite BR, soaring ceilings, dramatic curved staircase, double
front doors, walls of windows for natural light, formal living with
double sided fireplace, overlooking pool and lake. Formal dining
with New Orleans style brick wall. Executive study with plantation
shutters. Gourmet kitchen with Thermador package, water system, 6
burner gas, pot filler, walk-in pantry. Downstairs Primary Suite
Segreto finish, bath with custom ceiling paint and Guest
Suite. Upstairs 3 spacious BR, game room w/ balcony & media
room. High end finishes throughout.4 car garage with 2 lifts
capable epoxy flooring. Sound system indoor/outdoor. Award-winning
schools. Never flooded*per seller
Unit Size
4,925 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$288
Property Type
House
Property Taxes
$2,388
HOA Dues
$154
Year Built
2010
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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 #90493298)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2021 | Sold | ||
| Sold | |||
| Apr 16, 2021 | Listed by REALM Real Estate Professional | $1,420,000 | |
| Listed by REALM Real Estate Professional | |||
| | |||
|
Rare opportunity to own Custom Tommy Bailey home in cul de sac in prestigious gated Reserve at Spring Lake in Cinco Ranch. Resort-like outdoor living on lakefront lot to enjoy spectacular sunsets. Gorgeous stone & stucco elevation. Extended paved covered patio with fireplace. Meticulously maintained luxury home features 5 ensuite BR, soaring ceilings, dramatic curved staircase, double front doors, walls of windows for natural light, formal living with double sided fireplace, overlooking pool and lake. Formal dining with New Orleans style brick wall. Executive study with plantation shutters. Gourmet kitchen with Thermador package, water system, 6 burner gas, pot filler, walk-in pantry. Downstairs Primary Suite Segreto finish, bath with custom ceiling paint and Guest Suite. Upstairs 3 spacious BR, game room w/ balcony & media room. High end finishes throughout.4 car garage with 2 lifts capable epoxy flooring. Sound system indoor/outdoor. Award-winning schools. Never flooded*per seller
| |||
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: Martine Nerrant, REALM Real Estate Professional
Last Updated: 5 months ago
Data Source: HAR , MLS# 90493298
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Last Updated: 5 months ago
Data Source: HAR , MLS# 90493298
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