$450,000 Last Listed Price
●
House -
Off Market
2918 W Elm Circle
Katy, TX 77493
4 Beds
3 Baths
3,574 Ft²
$447,479
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Located in the desirable area of Old Katy, this lovely home has so
much to offer! Charming extended entry offers crown molding which
can be found generously throughout the home. Large formal dining
room w/ bay window, built-ins, & elegant chandelier. The soaring
family room surrounded w/ rich wood paneled walls offers wet bar &
romantic gas-log fireplace. The spacious kitchen w/ breakfast area
offers ample cabinet & counter space w/ easy access to the formal
dining room. Highly desired 2 bedrooms down! The spacious primary
bedroom offers a large space w/ en-suite bath; complete w/ dual
sinks, sit-down vanity & combo shower w/ jetted tub! Located
upstairs, you'll find a spacious game room w/ wainscoting & second
wet bar! You'll also find 2 spacious bedrooms & a Hollywood
bathroom for sharing. Zoned to highly acclaimed Katy High School.
NO HOA or MUD & Low tax rates! Unfinished garage attic can be
converted to livable space!
Unit Size
3,574 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$126
Property Type
House
Property Taxes
$746
HOA Dues
-
Year Built
1985
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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 #10771569)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2023 | Sold | ||
| Sold | |||
| Jul 19, 2023 | Listed by RE/MAX Grand | $450,000 | |
| Listed by RE/MAX Grand | |||
| | |||
|
Located in the desirable area of Old Katy, this lovely home has so much to offer! Charming extended entry offers crown molding which can be found generously throughout the home. Large formal dining room w/ bay window, built-ins, & elegant chandelier. The soaring family room surrounded w/ rich wood paneled walls offers wet bar & romantic gas-log fireplace. The spacious kitchen w/ breakfast area offers ample cabinet & counter space w/ easy access to the formal dining room. Highly desired 2 bedrooms down! The spacious primary bedroom offers a large space w/ en-suite bath; complete w/ dual sinks, sit-down vanity & combo shower w/ jetted tub! Located upstairs, you'll find a spacious game room w/ wainscoting & second wet bar! You'll also find 2 spacious bedrooms & a Hollywood bathroom for sharing. Zoned to highly acclaimed Katy High School. NO HOA or MUD & Low tax rates! Unfinished garage attic can be converted to livable space!
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Katy
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Listed by: Dixie Hightower, RE/MAX Grand
Last Updated: 4 months ago
Data Source: HAR , MLS# 10771569
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Last Updated: 4 months ago
Data Source: HAR , MLS# 10771569
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